Question

2:12 PM Wed Apr 15 39%). A 51.04cdn.com PART II NIKE, Inc. Consolidated Statements of Income in mWors, except per share data) Revenues Cost of sales Gross profit Demand creation expense Operating overhead expense Total saling and administrative expense Interest expense (income), net Other expense income), net Income before income taxes Income tax expense NET INCOME Year Ended May 31, 2018 2017 36,397 S 34,360 $ 20,441 19.038 15,956 15,312 3,577 3,341 7,934 7.222 11,511 10.563 59 (196) 4,325 4,886 2,392 646 1,933 S 4.240 $ 2016 32,376 17.405 14,971 3,278 7,191 10,469 19 (140) 4.623 863 3.760 $ Earnings per common share: Basic Diluted $ $ 1.19 1.17 S S 2.56 2.51 $ $ 2.21 2.16 $ 0.78 S 0.70 $ 0.62 Dividends declared per common share The accompanying Notes to me Consolated Financial Statements are an integral part of this statement

Refer to the following financial statements and answer the following questions

hints:-

13. cash provided (used) by operating activities, investing activities, and financing activities. 14. cash-based net income. 15. estimate of uncollectible accounts receivable. 16. calculate and interpret accounts receivable ratio (most recent and prior period).

hints:-

Answer 1

13.
Answer is c. $9812 i.e. Total Stockholder's Equity

14.
Answer is . $6387

15.
Answer is c. $3517

16.
Answer is False
Since $1265 dividend was declared during the year