Question

Evaluate the financial information of Nike (NKE NYSE) the company's annual report.

The body of the paper should include the following items:

1. Why you selected this particular company?
2. Review the financial statements, including footnote disclosures, for the current and prior years and discuss the financial position of the company and any significant events that have occurred and will be happening soon that have the ability to affect company performance.
3. Discuss the company’s position in regard to the current stock market. What is the current stock price and what are the trends over the last three years (Hint: trends can be shown in a graph)? Discuss any information from the annual report which highlights the market position of the company.
4. Describe significant current news or information about the company using The Wall Street Journal or similar sources. Comment on the news and your opinion of how this news will/did affect the company's future.

Prepare your paper in proper APA format (3 to 4 pages)

Answer 1

ANS-

(A) FISCAL 2019 COMPARED TO FISCAL 2018

For fiscal 2019, our consolidated gross profit increased 10% to $17,474 million compared to $15,956 million for fiscal 2018. Gross margin increased 90 basis points to 44.7% for fiscal 2019 compared to 43.8% for fiscal 2018 due to the following:

(B) COMPARISON OF 5-YEAR CUMULATIVE TOTAL RETURN AMONG NIKE, INC.; S&P 500 INDEX; THE DOW JONES U.S. FOOTWEAR INDEX; AND S&P APPAREL, ACCESSORIES & LUXURY GOODS INDEX