Compute current and long-term liabilities

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Reference no: EM131411299

Excerpts taken from the SEC Form 10-K of NIKE are reproduced in Appendix C.

REQUIRED:

Review the NIKE Form 10-K, and answer the following questions.

a. Compute cost of sales, selling, general & administrative expenses, interest costs, and taxes as a percent of revenues for 2009, 2008, and 2007, and explain how NIKE's net income has changed over the three-year period.

b. Compute current and noncurrent assets as a percent of total assets, and explain how NIKE's asset structure changed from 2008 to 2009.

c. Compute current and long-term liabilities as a percent of total assets, and explain how NIKE's reliance on liabilities as a source of financing changed from 2008 to 2009.

d. Review the statement of cash flows, and comment on whether NIKE is growing and which financing sources have financed this growth.

e. Approximately what portion of NIKE's net income is paid to the shareholders in the form of dividends each year? Are there other methods that NIKE uses to return cash to shareholders?

Reference no: EM131411299

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