Section E: Financial Statement Analysis. Ratios Meu Listed below are various ratios of NIKE. Inc....
60.1K
Verified Solution
Link Copied!
Question
Accounting
Section E: Financial Statement Analysis. Ratios Meu Listed below are various ratios of NIKE. Inc. for the cure int Analysis--Ratios Method the current year and the prior year. Current Prior 9.8 38.6 0.7 0.7 2.5 2.8 1.5 Current Ratio. 1.6 Quick Ratio . 9.5 Accounts Receivable Turnover 37.2 Number of days' sales in receivables. 4.0 3.8 Inventory Turnover . 91.4 96.2 . Number of days' sales in inventory Ratio of Liabilities to Stockholders' Equity. 1.5 Asset Turnover 1.5 17.6% 16.4% Return on Total Assets Return on Common Stockholders' Equity 26.5% 30.1% . Earnings per Share . $2.21 $1.85 Market price per Share $54.90 $52.81 Price-earnings Ratio 24.8 28.5 What conclusions can be drawn from these ratios as to NIKE's liquidity, solvency, and profitability
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.