What is nike operating cash flow

Reference no: EM132048239

Question: Prepare a 2016 income statement for Nike Inc. based on the following information: Nike had sales of $620,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $380,000 $195,000 and $65,000 respectively. In addition, the company had an interest expense of $40,000 and a tax rate of 20 percent. (Ignore any tax loss carryback or carry forward provisions.)

a) What is Nike's net income for 2016?

b) What is Nike's operating cash flow?

c) What could be the reason for the difference in (a) and (b).

Reference no: EM132048239

Questions Cloud

What is the present equivalent of a geometric series : What is the present equivalent of a geometric series with first year receipts of $1,000,000 and then subsequently the receipts are decreasing by 25% per year.

Launch pebbles vertically into the air : A sling shot obeying hookes law is used to launch pebbles vertically into the air. You observe that if you pull a pebble back 11.1cm against the elastic band

What is the cost of preferred stock for the firm : What is the cost of debt for Saunders? What is the cost of preferred stock for the firm? What is the company’s WACC?

What is the required return expected to be for the stock : If the expected return of the market is 12 percent and the risk-free rate is 3%, what is the required return expected to be for the stock?

What is nike operating cash flow : Prepare a 2016 income statement for Nike Inc. based on the following information: Nike had sales of $620,000. Cost of goods sold, administrative.

How much manufacturing cost was incurred : Carr Company incurred the following costs for the month of August: How much manufacturing cost was incurred during the month of August

What proportion of the occupation is women or men : Summarize the job responsibilities and career outlook for your chosen occupation. Is this in line with what you expected to find? Why, why not?

Calculate the distance along the ground : Calculate the distance along the ground, measured from a point directly beneath the point of release, to where the package hits the earth.

Potential difference across the terminals of the wire : Examine the dependence of resistivity and resistance of a wire on temperature and how it affects the potential difference across the terminals of the wire.

User Account

All Pages