Compute and Interpret the Z-score Information from the balance sheet, income statement, and statement of...
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Compute and Interpret the Z-score Information from the balance sheet, income statement, and statement of cash flows for Nike follows. Refer to these financial statements to answer the requirements. Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two decimal places. NIKE INC. Consolidated Income Statements May 31, May 31, For Year Ended ($ millions) 2019 2018 Revenues $41,517 $38,797 Cost of sales 21,643 20,441 Gross profit 19,874 18,356 Demand creation expense 6,153 5,977 Operating overhead expense 11,349 10,334 Total selling and administrative expense 17,502 11,511 Interest expense (income), net 49 54 Other (income) expense, net (78) 66 Income before income
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