# Xacc290 Week 6

637 Words3 Pages
Browse the Internet to acquire a copy of the most recent annual report for a publicly traded company. Analyze the information contained in the company’s balance sheet and income statement to answer the following questions: What are the company’s total assets at the end of its most recent annual reporting period? Why is this important? * * Nike’s total asset was \$15,465,000 on May 30, 2012 for their annual balance sheet. This is important so the company knows how much profit they have gain at the end of the report. * What are the total assets at the end of the previous annual reporting period? * * The total asset of the previous annual report is \$11,297,000 which was reported on May 30, 2011. * How much cash and cash equivalents did the company have at the end of its most recent annual reporting period? * * The company has \$2,317,000 of cash and cash equivalents. * What amount of accounts payable did the company have at the end of its most recent annual reporting period? * * The company had \$3,708,000 accounts payable at the end of the reporting period * What amount of accounts payable did the company have at the end of the previous annual reporting period? * * Nike had \$3,571,000 of accounts payable at the end of May 30, 2011 reporting period. * What are the company’s net revenues for the last three annual reporting periods? * * The company’s net revenue for the last 3 annual reporting is \$9,645,000 for 2012, \$9,151,000 for 2011 and \$9,099,000. * What is the change in dollars in the company’s net income from its most recent annual reporting period to the previous annual reporting period? * * The change of \$494,000 which was an increase from the previous annual reporting. Nike Inc. (NKE) -NYSE 59.53 5.93(11.06%) Mar 22, 4:01PM EDT|After Hours : 59.55 0.02