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(Get Answer) – The financial statements for nike, inc., are available at the

(Get Answer) – The financial statements for nike, inc., are available at the The financial statements for Nike, Inc., are available at the Appendix C link above. The following additional information (in millions) is available:Accounts receivable at May 31, 2008: $2,884Inventories at May 31, 2008: 2,357Total assets at May 31, 2008: 13,249Stockholders’ equity at May 31, 2008: 8,693 Determine the following measures for the fiscal years ended May 31, 2011 (fiscal 2010), and May 31, 2010 (fiscal 2009). Do not round interim calculations. Round the working capital amount in part (a) to the nearest dollar. Round all other final answers to one decimal place. When required, use the rounded final answers in subsequent computations.   Fiscal Year  2010 Fiscal Year  2009 a.Working capital (in millions)$[removed] $[removed]  b.Current ratio [removed]  [removed]  c.Quick ratio [removed]  [removed]  d.Accounts receivable turnover [removed]  [removed]  e.Number of days’ sales in receivables [removed] days [removed] days f.Inventory turnover [removed]  [removed]  g.Number of days’ sales in inventory [removed] days [removed] days h.Ratio of liabilities to stockholders’ equity [removed]  [removed]  i.Ratio of net sales to assets [removed]  [removed]  j.Rate earned on total assets, assuming interest expense is $4 million for the year ending May 31, 2011, and $6 million for the year ending May 31, 2010 [removed] % [removed] % k.Rate earned on common stockholders’ equity [removed] % [removed] % l.Price-earnings ratio, assuming that the market price was $75.70 per share on May 31, 2011, and $73.50 per share on May 31, 2010 [removed]  [removed]  m.Percentage relationship of net income to net sales [removed] % [removed] %

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