Acc 561 Week 2 Wiley Plus Assignment E13-5, E13-6, E13-9

E13-5| | The near monetary records of Nike, Inc. are introduced here. | NIKE INC. | Comparative Balance Sheets| May 31| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- ($ in millions)| Assets| 2007| 2006| Current assets| $8,076| $7,346| Property, plant, and gear (net)| 1,678| 1,658| Other assets| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 934| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 866| Total assets| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- $10,688| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- $9,870| |  | Liabilities and Stockholders' Equity| | Current liabilities| $2,584| $2,612| Long-term liabilities| 1,079| 973| Stockholders' equity| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 7,025| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 6,285| Total liabilities and investors' equity| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- $10,688| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- $9,870| | Correct. |  | Complete the level examination of the monetary record information for Nike utilizing 2006 as a base. (In the event that sum diminishes, utilize either a negative sign going before the number, e. g. 45 or bracket, e. g. (45). Round all rates to 1 decimal spot, e. g. 12. 5. ) NIKE, INC. | Condensed Balance Sheet| December 31| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- ($ in millions)| |  | Increase or (Decrease)| | 2007| 2006| Amount| Percenta ge| Assets|  | Current assets| $8,076| $7,346| $ 730 | 9. 9 %| Property, plant and gear (net)| 1,678| 1,658| 20 | 1. 2 %| Other assets| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 934| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 866| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 8 | â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 7. 9 %| Total assets| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- $10,688| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- $9,870| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- $ 818 | â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 8. 3 %| |  | Liabilities and investors' equity| | Current liabilities| $2,584| $2,612| $ - 28 | - 1. 1 %| Long-term liabilities| 1,079| 973| 106 | 10. 9 %| Total investors' equity| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 7,025| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- ,285| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 740 | â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 11. 8 %| Total liabilities and investors' equity| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- $10,688| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- $9,870| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- $ 818 | â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 8. 3 %| | Correct. |  | Complete the vertical examination of the monetary record information for Nike for 2007. (Round the entirety of the rates to 1 decimal spot, e. g. 12. 5. NIKE, INC. | Condensed Bala nce Sheet| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- May 31, 2007| | $ (in millions)| Percent | Assets|  | Current assets| $8,076| 75. 6 %| Property, plant and gear (net)| 1,678| 15. 7 %| Other assets| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 934| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 8. 7 %| Total assets| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- $10,688| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 100. 0 %| |  | Liabilities and investors' equity| | Current liabilities| $2,584| 24. 2 %| Long haul liabilities| 1,079| 10. 1 %| Stockholders' equity| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 7,025| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 65. 7 %| Total liabilities and investor's equity| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- $10,688| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 100. 0 %| | | â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- Top of FormBottom of Form| E13-6| | Here are the near pay proclamations of Winfrey Corporation. | WINFREY CORPORATION| Comparative Income Statements| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€ For the Years Ended December 31| | 2010| 2009| Net sales| $598,000| $520,000| Cost of products sold| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 477,000| â€â€â€â€â₠¬Ã¢â‚¬Ã¢â‚¬Ã¢â‚¬Ã¢â‚¬Ã¢â‚¬Ã¢â‚¬Ã¢â‚¬Ã¢â‚¬Ã¢â‚¬Ã¢â‚¬Ã¢â‚¬- 450,000| Gross profit| $121,000| $70,000| Operating expenses| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 80,000| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 45,000| Net income| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- $41,000| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- $25,000| | Correct. |  | Complete the flat examination of the pay articulation information for Winfrey Corporation utilizing 2009 as a base. (Round all rates to 1 decimal spot, e. g. 12. 5. ) WINFREY CORPORATION| Condensed Income Statements| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- For the Years Ended December 31| | Increase or (Decrease)| | â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- During 2010| | â€â€â€â€â€â⠂¬Ã¢â‚¬Ã¢â‚¬Ã¢â‚¬Ã¢â‚¬Ã¢â‚¬Ã¢â‚¬Ã¢â‚¬Ã¢â‚¬Ã¢â‚¬Ã¢â‚¬- 2010| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 2009| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- Sum | â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- Percentage | Net sales| $598,000| $520,000| $ 78,000 | 15. 0 %| Cost of merchandise sold | â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 477,000| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 450,000| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€- 27,000 | 6. 0 %| Gross profit| 121,000| 70,000| 51,000 | 72. 9 %| Operating expenses| â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€�