Question

Discuss the change in revenue and profit over the last 3 years. Nike, Inc. (In Millions)...

Discuss the change in revenue and profit over the last 3 years.

Nike, Inc.
(In Millions) 2017 2016 2015
Revenue $ 34,350.00 $ 32,376.00 $ 30,601.00
Net Income $   4,240.00 $   3,760.00 $   3,273.00
Nike, Inc.
(In Millions) 2017 2016 % Change 2016 2015 % Change
Revenue $ 34,350.00 $ 32,376.00 6.10% $ 32,376.00 $ 30,601.00 5.80%
Net Income $   4,240.00 $   3,760.00 12.77% $   3,760.00 $   3,273.00 14.88%

Homework Answers

Answer #1

From the above table it is cleared that % change in revenue from the year 2015 to 2016 is 5.80% and from 2016 to 2017 is 6.10%. So it indicates an increasing trend of revenue from the year 2015 to 2017.

From the above table it is cleared that % change in net income or net profit from the year 2015 to 2016 is 14.88% and from 2016 to 2017 is 12.77%. So it indicates a decreasing trend of profit from the year 2015 to 2017.

So we can conclude that there is no guarrenty of increase of profit with the increase in revenue due to so many factors.

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