Financial Statement Analysis The financial statements for Nike, Inc., are attached The following additional information (in millions) is available: Accounts receivable at May 31, 2011: $3,138 Inventories at May 31, 2011: 2,715 Total assets at May 31, 2011: 14,998 Stockholders’ equity at May 31, 2011: 9,843 Determine the following measures for the fiscal years ended May 31, 2013 (fiscal 2012), and May 31, 2012 (fiscal 2011). 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. Questions: calculate the following for fiscal year 2012 and fiscal year 2011 a.Rate earned on common stockholders’ equity b.Price-earnings ratio, assuming that the market price was $61.66 per share on May 31, 2013, and $53.10 per share on May 31, 2012 ATTACHMENT PREVIEW Download attachment ACCT Questions.docx 1. Financial Statement Analysis The financial statements for Nike, Inc., are available below. The following additional information (in millions) is available: Accounts receivable at May 31, 2011: $3,138 Inventories at May 31, 2011: 2,715 Total assets at May 31, 2011: 14,998 Stockholders’ equity at May 31, 2011: 9,843 Determine the following measures for the fiscal years ended May 31, 2013 (fiscal 2012), and May 31, 2012 (fiscal 2011). 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. Questions: calculate the following for fiscal year 2012 and fiscal year 2011 a.Rate earned on common stockholders’ equity b.Price-earnings ratio, assuming that the market price was $61.66 per share on May 31, 2013, and $53.10 per share on May 31, 2012 Nike Inc., Form 10-K For the Fiscal Year Ended May 31, 2013 Source: Nike Inc, Form 10-K For the Fiscal Year Ended May 31, 2013. Add Bookmark to this Page Nike Inc., Form 10-K For the Fiscal Year Ended May 31, 2013 A small font A medium font A large font help?