Explore BrainMass
Share

Explore BrainMass

    2-Yr Financial Analysis of Nike, Inc.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    The comparative balance sheets of Nike, Inc. are presented here.

    NIKE INC.
    Comparative Balance Sheets
    May 31
    ($ in millions)

    Assets 2007 2006
    Current assets $8,076 $7,346
    Property, plant, and equipment (net) 1,678 1,658
    Other assets 934 866
    Total assets $10,688 $9,870

    Liabilities and Stockholders' Equity
    Current liabilities $2,584 $2,612
    Long-term liabilities 1,079 973
    Stockholders' equity 7,025 6,285
    Total liabilities and stockholders' equity $10,688 $9,870

    Complete the horizontal analysis of the balance sheet data for Nike using 2006 as a base. (If amount decreases, use either a negative sign preceding the number, e.g. -45 or parenthesis, e.g. (45). Round all percentages to 1 decimal place, e.g. 12.5.)

    NIKE, INC.
    Condensed Balance Sheet
    December 31
    ($ in millions)

    Increase or (Decrease)
    2007 2006 Amount Percentage
    Assets
    Current assets $8,076 $7,346 $ %
    Property, plant and
    equipment (net) 1,678 1,658 %
    Other assets 934 866 %

    Total assets $10,688 $9,870 $ %

    Liabilities and stockholders' equity

    Current liabilities $2,584 $2,612 $ %
    Long-term liabilities 1,079 973 %
    Total stockholders' equity 7,025 6,285 %

    Total liabilities &
    stockholders' equity $10,688 $9,870 $ %

    Complete the vertical analysis of the balance sheet data for Nike for 2007. (Round all of the percentages to 1 decimal place, e.g. 12.5.)

    NIKE, INC.
    Condensed Balance Sheet
    May 31, 2007

    $ (in millions)

    Percent
    Assets

    Current assets $8,076 %
    Property, plant and equipment (net) 1,678 %
    Other assets 934 %

    Total assets $10,688 %

    Liabilities and stockholders' equity

    Current liabilities $2,584 %
    Long-term liabilities 1,079 %
    Stockholders' equity 7,025 %

    Total liabilities and stockholder's equity $10,68 %

    © BrainMass Inc. brainmass.com April 3, 2020, 10:01 pm ad1c9bdddf
    https://brainmass.com/business/financial-statements/2-yr-financial-analysis-of-nike-inc-415439

    Solution Summary

    A 2-Yr Horizontal Analsyis of Nike, Inc., uisng 2006 as the Base Year.

    $2.19

    ADVERTISEMENT