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Complete a vertical analysis for the statements of Income at Nike, Inc. Percentages should have...

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Accounting

Complete a vertical analysis for the statements of Income at Nike, Inc. Percentages should have two digitals after the decimal and no percentage symbol (example: 00.00)

in millions, except per share data 2018 Percent (2018) 2017 Percent (2017) 2016 Percent (2016)
Revenues 36,397 34,350 32,376
Cost of sales 20,441 19,038 17,405
Gross Profit 15,956 15,312 14,971
Demand creation expense 3,577 3,341 3,278
Operating overhead expense 7,934 7,222 7,191
Total selling and administrative expense 11,511 10,563 10,469
Interest expense (income), net 54 59 19
Other expense (income), net 66 (196) (140)
Income before income taxes 4,325 4,886 4,623
Income tax expense 2,392 646 863
NET INCOME 1,933 4,240 3,760
Earnings per common share:
Basic 1.19 2.56 2.21
Diluted 1.17 2.51 2.16
Dividends declared per common share 0.78 0.70 0.62

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