Ratio analysis 4 (10 points) L Name: Ratios: accounts receivable turnover and # of days sale in receivables You will use

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Ratio analysis 4 (10 points) L Name: Ratios: accounts receivable turnover and # of days sale in receivables You will use

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Ratio Analysis 4 10 Points L Name Ratios Accounts Receivable Turnover And Of Days Sale In Receivables You Will Use 1
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Ratio analysis 4 (10 points) L Name: Ratios: accounts receivable turnover and # of days sale in receivables You will use the NIKE financial statements in appendix C for these ratios The formula for accounts receivable turnover is = Sales (Revenues)/ average accounts receivable Average accounts receivable is the sum of the beginning and ending accounts receivable added together and then divided by 2. The beginning accounts receivable for 5/31/18 is the ending accounts receivable from 5/31/17. The beginning accounts receivable for 5/31/17 is 3,241. Round the average accounts receivable to the nearest tenth before dividing into the sales. Then round the ratio to the nearest tenth. 5/31/18 ratio 5/31/17 ratio This ratio measures the number of times accounts receivable is turned over during the year. The higher the number, the more efficiently the company is collecting the accounts receivable and managing its accounts receivable well. Comment on NIKEs accounts receivable collection and management between the two Accessibility ind in m d States)
The formula for accounts receivable turnover is = Sales (Revenues)/ average accounts receivable Average accounts receivable is the sum of the beginning and ending accounts receivable added together and then divided by 2. The beginning accounts receivable for 5/31/18 is the ending accounts receivable from 5/31/17. The beginning accounts receivable for 5/31/17 is 3,241. Round the average accounts receivable to the nearest tenth before dividing into the sales. Then round the ratio to the nearest tenth. 5/31/18 ratio I 5/31/17 ratio This ratio measures the number of times accounts receivable is turned over during the year. The higher the number, the more efficiently the company is collecting the accounts receivable and managing its accounts receivable well. Comment on NIKEs accounts receivable collection and management between the two years.
The formula for number of days sales in receivables is: Average accounts receivable Average daily sales Average accounts receivable is the sum of the beginning and ending accounts receivable added together and then divided by 2. The beginning accounts receivable for 5/31/18 is the ending accounts receivable from 5/31/17. The beginning accounts receivable for 5/31/17 is 3,241. Round the average accounts receivable to the nearest tenth. I The average daily sales is equal to sales (Revenues) / 365. Round the average daily sales to the nearest tenth before dividing into the average accounts receivable. Then round the ratio to the nearest tenth 5/31/18 ratio 5/31/17 ratio This ratio is an estimate of the number of days the receivables have been outstanding The ratio is compared to the credit terms to see how well the company is doing with collection. If the terms are net 30, you would want this number to be close to 30. Comment on NIKEs accounts receivable collection and management between the two years.
Average accounts receivable is the sum of the beginning and ending accounts receivable added together and then divided by 2. The beginning accounts receivable for 5/31/18 is the ending accounts receivable from 5/31/17. The beginning accounts receivable for 5/31/17 is 3,241. Round the average accounts receivable to the nearest tenth. The average daily sales is equal to sales (Revenues)/365. Round the average daily sales to the nearest tenth before dividing into the average accounts receivable. Then round the ratio to the nearest tenth 5/31/18 ratio I 5/31/17 ratio This ratio is an estimate of the number of days the receivables have been outstanding. The ratio is compared to the credit terms to see how well the company is doing with collection. If the terms are net 30, you would want this number to be close to 30. Comment on NIKEs accounts receivable collection and management between the two years.
24, 2018 NIKE, Inc. Consolidated Statements of Income DO Demande OF VER SEE LE RE Te 10.) 06 ho ENCE NET INCOME 17 16 2:11 ME LIT whe Con 070 NIKE, Inc. Consolidated Statements of Comprehensive Income con Cher On . 10 # TOTAL COMPREHENSIV The MacBook Pro 00
E AA NIKE, Inc. Consolidated Statements of Comprehensive Income 5 Oy Page TOTAL COMPREHENSIVE ME 1 NIKE, Inc. Consolidated Balance Sheets ASTS Guru C un AN FL TOTAL ART LIABILITIES AND SHAREHOLDERS OUTY Com NE MacBook Pro 000 000 .
NIKE, Inc. Consolidated Statements of Cash Flows Year Ended May 31, 2017 2018 2016 1.933 5 4.2405 3.760 747 847 218 27 199) 700 (273) 215 10 649 (60) 236 13 98 in millions) Cash provided by operations: Net income Adjustments to reconcile net income to net cash provided by operations Depreciation Deferred Income taxes Stock based compensation Amortization and other Not foreign currency adjustments Changes in certain working capital components and other assets and abilities: Ders (increase in accounts receivable increate) in Inventories Decrease increase in prepaid expenses and other current and non-current assets Increase donese) in accounts payable accrued abilities and other current and non-current labies Cash provided by operations Cash provided fused) by investing activities: Purchases of short-term investments Matures of short term investments Sales of short-term investments Investments in reverse repurchase agreements Addition to property, plant and equipment Disposals of property, plant and equipment Other investing activities Cash provided (used) by investing activities Cash used by financing activities: Not proceeds from longo desce 187 (255) 35 1,515 4.955 (426) (231) (120) (150) 3.846 GO (500) (161) 1500) 3.390 (4.789) 3,613 2.490 (5.928) 3.623 2423 (5,367) 2.924 2.386 150 11.105) 13 (1.143) 10 (25) 275 (1.008) (1.034) 482 1 MacBook Pro 000 .. 1 $ 4 % 5 & 7 C 9 ) 0 6 8
473) 3.613 2498 05.828) 2.523 2.423 5.567) 2.924 2.30 150 (110) 10 11.105) 13 (1026) 3 25) 276 (1.000) (1.034) 1.482 (44) 05 901 (105) 07 27 (171 Cash provided (used) by investing activities: Purchases of shonorm investments Mas of short-term investments Sales of short-term investments Investments in reverse purchase agreements Addition to property.plant and equipment Disposes of property, plant and equipment Other investing activities Cash provided by investing activities Cash used by financing ati Net proceeds from long-term de Long-term ett payments, including current portion Increase in ne pouble Payments on capital case and other financing obligations Proceeds from ever of options and other stock insan Repurchase of common stock Dividends common and preferred Tex payments for the settement ouby awards Cash used by financing actes Efect darcharomate changes on cash and equivalents Net Increase (decrease in cash and equivalent Cash and counts, beginning of your CASH AND EQUIVALENTS, END OF YEAR Supplemental disclosure of cash flow information Caspard during the year for Interest.net of capitalized interest Income taxes Non cash actions to property.plant and cupment Dividonos declared and not paid The accompany to Consolidated Parco Startsport 507 223) 733 4.254) (120) 55 0335 45 441 1.08 4349 $ 0.223) (1.133) 203 Q.148) (20) 00 2.130 2.100 5 (1922) (22) 2.14 (105) 714) 2130 一 20 125 539 700 200 300 230 271 NIKE, Inc. Consolidated Statements of Shareholders' Equity MacBook Pro 000 000 ܀ $ A % 5 & 7 ( 9 ) 0 4 6 ca 8 9
NIKE, Inc. Consolidated Statements of Shareholders' Equity Capital in Excess of Stated Value 4.1655 680 Common Stock Class A Class B Shares Amount Shares Amount 355 $ 1,357 S 22 2 (56) Accumulated Other Comprehensive Income 1.246 Retained Earnings $ 7,290 Total $ 12,707 660 (148) (3.000) 3.201 (1.063) (1.053) 105 230 3.700 94 236 3.700 (920 12.250 526 1928) 1,320 $ 35 $ 318 $ 6.09 non ero per save data) Balance Mt May 31, 2015 Stock options exercised Conversion to Class Common Stock Repurchase of Class Common Stock Dividends on common stock (0,62 per thare) and preferred stock ($0.10 per Whare) Issuance of shares to employees, of shares wie held for employees Stock-based compensation Net income Other comprehensive income foss) Balance at May 31, 2016 Stock options exercised Conversion to Class B Common Stock Repurchase of Class Common Stock Dividends on common stock (S0.70 share and preferred stock ($0.10 per share) Issuance of shares to employees, not of hares with for employees Stock-based compensation Nincome Orcome wome) Balance of May 31, 2017 Stookone Convento Casa Convon Stick Repurchase of Clans Common Stock $ 5,038 525 17 (24) - 24 100) (180) 1.000 249) (1,150) (1.150 (13) 121 215 4.240 100 215 420 (530 12.407 000 1311 02131 320 $ $ 4907 . 1,314 24 5.710 000 Cro 2541 14.01) MacBook Pro 000 000 .. A * * ) $ % 5 & 7 4 6. 8 9 0
Amount $ Comprehensive Income of Stated Value $ 4.1655 680 Retained Earnings 5 7.293 1.245 Shares Amount 1.357 5 3 22 2 (56) $ Total 12,707 680 (148) (3.000) 63.238) (1,053) (1,053) 105 236 (11) 3,700 (828) 318 $ 1.329 $ $ 3.700 (128) 12.258 525 $ 4,89 5.038 525 $ 17 24 100) (189) 3.000) 0.249) (smink except per share data) Shares Balance at May 31, 2015 355 Stock options exercised Conversion to Class B Common Stock Repurchase of Class Common Stock Dividends on common stock ($0.62 per share and preferred stock (0.10 per share) Issuance of shares to employees, net of shares witheld for employee tres Stock-based compensation Net income Other comprehensive Income (losa) Balance at May 31, 2016 353 Stock options exercised Conversion to Class B Common Stock (24) Repurchase of Class Common Stock Dividends on common stock (30.70 per share) and preferred stock (10.10 per Share) Issuance of shares to employees, net of shares wield for errployee taves Stock-based compensation Net income Other comprehensive income (los) Balance at May 21, 2017 329 Stock options exercised Conversion to Class B Common Stock Repurchase of Class B Common Stock Dividends on common stock (0.78 per Share and preferred stock (50.10 per share) Issuance of shares to employees, net of shares with for employee taxes Stock based compensation Not income Omer comprehensive income 00) Redessications to renderings in accordance with ASU 2018-02 Balance at May 31, 2018 320 The company Notes to the Consolidated (1.159) (1.150) (13) 121 215 4240 100 215 4240 (531) 12.407 000 (531) (213) $ $ 3 $ $ $ G.RO $ 1,314 24 5.710 600 | (70) (254) 1.013) (4267 (1205) (1.265) 28) 110 218 1.900 218 1.900 104 104 17 (17 2.517 5 1.272 5 3 6.364 S (92) $ 3 9.012 of the MacBook Pro
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