Corporate Discussion-Nike Available after Monday, April 9, 2018 12:00 AM EDT. iG
ID: 2517886 • Letter: C
Question
Corporate Discussion-Nike Available after Monday, April 9, 2018 12:00 AM EDT. iGroup/section restrictions Who is the Greek Winged Goddess of Victory? Nike, and in 1971, her wings became Nike's "Swoosh" trademark. Phil Knight, an accounting professor and co-founder of Nike, paid Carolyn Davidson $35 to design the logo. He told her. "I don't love it, but it will grow on me Start with the hyperlink to get to the 10-K. Answers to questions 1-3 are located in Item 8. All of the numbers in the financial statements for Nike are listed "in millions. The formula for ratio is located in chapter 12 of the textbook and Power Point. A correct answer to the ratio should include the correct format and two decimal places. Question 4 is extra credit. 1. What is the amount of cash from operating activities? 2. What is the largest single cash inflow from investing activities? (Include the amount and the description.) 3. What is the largest single cash outflow from financing activities? (include the amount and the description.) 4. What is Current Cash Debt Coverage Ratio for the current fiscal year? The following instructions are the same for all Corporate Annual Report group discussionsExplanation / Answer
I am taking 2017 10K report in million $ ans a Cash flow from operating activities $3,640 ans 2 Largest single cash inflow from investing activities Description Amt Maturities of short term investments $3,623 ans 3 Largest single cash outflow from financing activities Description Amt Repurchase of Common stock $3,223 ans 4 Current cash debt coverage ratio 0.67 Net cash flow from operating activities/Avg current liabilities 3640/((5474+5358)/2)