Sunday, May 17, 2020

Nike Accounting - 3659 Words

RESEARCH PROJECT – ACCOUNTING II 1. Nike, Inc. 2. Nike world headquarters location One Bowerman Drive Beaverton, Oregon 97005-6453 3. In 1950, before there was the Swoosh, before there was Nike, there were two visionary men who pioneered a revolution in athletic footwear that redefined the industry. Bill Bowerman who was constantly seeking ways to give his athletes a competitive advantage. and Phil Knight was a talented middle-distance runner from Portland, who enrolled at Oregon in the fall of 1955 and competed for Bowerman’s track program. But Bowerman and Knight each had full-time jobs - Bowerman at Oregon and Knight at a Portland accounting firm - so they needed someone to manage the†¦show more content†¦Analyze Property Plan amp; Equipment a) Fixed Assets $ 4,009.7 b) Straight line rate c) Intangible assets $ 384.4 d) Goodwill is $130.8 e) Property, plant and equipment net $ 1,820.0 and the Total assets $ 11,788.2 8. Analyze Stockholder’s Equity a) Total Stockholder’s Equity $ 7,613.2 b) Has not retained earning c) Redeemable preferred payable $ 0.3 d) Has not paid any dividends e) Total Equity $ 7,613.2 and Total assets $ 11,788.2 9. Analyze Revenues a) Total Net Revenues? 18.63 B b) Total Cost of Goods Sold and Gross Profit? 9.94 B and 8.38 B c) Total Operating Expenses? 790.10 M d) Total Operating Income amp; Total Net Income? 2.43B amp; 1.88B e) How does Net Operating Income Compares to Net Revenues? Net Operating Income is 2.43B compares to a Net Revenues of 18.63B f) How does Net Income Compares to Net Revenues? Net Income is 1.88B compares to a Net Revenues of 18.63B g) How does Total Assets Compares to Net Revenues? Total Assets is 8,944,600 M compares to Net Revenues of 18.63 B 10. Name One Significant Competitor? Adidas Group Corporate 11. Competitor’s Headquarters Location? Headquarters are located at Adi-Dassler-Str. 1,91074 Herzogenaurach, Germany. 12. Brief Competitor’s History? adidas AG, a listed German stock corporation, and its subsidiaries design, develop, produce and market – increasingly through own-retail activities – a broad rangeShow MoreRelatedNike and Under Armour (Accounting Paper)5141 Words   |  21 PagesRUNNING HEAD: NIKE UNDER ARMOUR FINANCIALS Nike Under Armour Financial Analysis Table of Contents Background†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..3 Progress in last year†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..3-5 Profitability/Debt Ratios†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...5-7 Net Profit Margin†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.5 Gross Profit Margin†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.6 Return on Equity†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...6-7 Earnings per Share†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreIndustry And Distribution Of Nike1412 Words   |  6 PagesDistribution Analysis The sportswear industry is dominated by Nike and Adidas, which together hold around eighty three percent of the industry’s market share in revenue (Biddnessetc). Since both have such a high demand of customers they have created multiple distribution centers in the United States and in other countries. To stay ahead of the other industries both companies concentrate on promoting and creating new and innovative products. Nike Nike is based in Beaverton, Oregon but operates more thanRead MoreNike : The World s Largest Athletic Footwear1067 Words   |  5 PagesNIKE is the world’s largest athletic footwear and apparel that ranks in the top 20 of the World’s Most Valuable Brands 2015. It designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories. The company was founded in 1964 and has its headquarter in Beaverton, Oregon. Apart from Nike brand, the company also entirely owned subsidiaries, which are Converse and Hurley International brand. In FY2015 (for the period ended 31 May 2015), Nike, Inc. recorded revenues of $30Read MoreThe Way Athletic Shoes Are Produced And Sold1785 Words   |  8 Pagesproduction process all the way up until the shoe is ready to be sold. The brand of shoe that I am specifically targeting is Nike. I wanted to do a big brand name like Nike because it is one of the most dominating companies in the sports industry. Their shoes are up on the highest sellers in the U.S. and many sports teams and athletes sponsor Nike to extend the name to many people. Nike is so popular throughout the world and it will be interesting to learn more about where the product is actually comingRead MoreNike : The Growth Stage Of Its Life Cycle2292 Words   |  10 Pagesindustry is Nike. O’Reilly (2014) explains how Nike has been in existence for over 50 years and has grown to be dominant in its market. It was founded in 1964 as a company named Blue Ribbon but officially took the name Nike in 1971. Nike (2016) states that they aim to create products, services and experiences for today’s athletes. To illustrate, Nike produces: footwear, athletic wear, athletic gear and provides sponsorship services to hundreds of athletes across the world. Furthermore, Nike (2016) illuminatesRead MoreNike Inc. : A Sports Gear Company1884 Words   |  8 PagesNike Inc. is a sports gear company based out of Unites states of America. The co mpany deals with development and sales of athletic sport equipments and recreational products. Nike sponsor various athletes and teams by providing their products to promote. The brand is endorsed by various famous players such as Carl Lewis, basketball player Michael Jordan, Jackie Joyner-Kersee and Sebastian Coe. Nike products cover running, basketball, football, cricket, tennis and golf under Nike and Jordan brandRead MoreCompany Internal Environment : Strengths And Weaknesses1813 Words   |  8 PagesCompetitor Analysis The major competitors of Easy Run include Nike, Adidas and Puma. In order to explore comparative and/or absolute advantages of the competitors, the SWOT analysis is performed in appendix D and summarized as follows. 1. Nike, Inc. Nike, Inc. was founded in 1964 in the United States and now it becomes the largest sports company in the world providing athletic footwear, apparel, equipment and services for sporty activities (Nike, Inc., 2010, para. 14). It has strong brand awareness andRead MoreNike Supply Chain764 Words   |  4 PagesNike Supply Chain Management Nike is one of the world’s largest athletic shoes and Apparel Company based on USA, including footwear, apparel, equipment, accessories, and services. The company was found at January 25, 1964 and they change its name to NIKE on May 30, 1971. Nike has brand basket and market them, such as NIKE+, Air Jordan, Hurley International, Converse and etc. Nike’s supply chain is plenary because they control the add-value part by itself and outsourced those labor-intensive partRead MoreFinancing the Enterprise: Nike Essay1340 Words   |  6 PagesIntroduction: Financing and accounting is a major part of any business without proper financing it will kill your business having good accounting, is crucial to all businesses. Nike has financed their ideas from the beginning with almost nothing. Oregon natives Phil Knight and Bill Bowerman took an idea and five hundred dollars and an idea became the biggest shoemaker ever. They have athletic footwear, apparel, and accessories for a variety of sports and fitness activities. Nikes subsidiaries are ConverseRead MoreUnder Armour -- Industry Analysis Essay999 Words   |  4 Pagescost. Under Armour has developed unique products that its consumers value and are willing to pay more for. Threat of Substitutes – There is a high threat of substitutes in the athletic gear industry especially when competing with companies such as Nike and Adidas who have been around much longer, have the funds to continuously innovate their products and already hold a large market share. Under Armour has used â€Å"authenticity† as it’s guiding principle to grow the company and advertise their products

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.