StudentShare solutions
Got a tricky question? Receive an answer from students like you! Try us!

Essay example - Finance and Accounting: Nike Inc.

Only on StudentShare
Finance & Accounting
Pages 12 (3012 words)
This paper examines such importance with close reference to Nike Inc. Corporation, which is a public listed company. This paper reviews the financial status of Nike Inc. with special emphasis on its financial information, financing and the financial indicators in the recent past…

Extract of sample

Financial information is an important component for any organization in the contemporary business environment. Accounting and budgeting information are important aspects of finance and accounting that rely on accuracy, reliability and ease of access for the strategic advantage of any firm.
Initially setting up shop in the name of Blue Ribbon Sports in 1962, the Oregon based company has become to be known as Nike Inc. as from 1972. The company has grown significantly and has several subsidiaries including NIKE Golf, Cole Haan and Harley international among other business enterprises (Nike Inc., 2012). This has seen the company grow to a global leader in the sporting goods industry. Besides, it is recognized as the global leader in design, marketing and distribution of athletic boots, clothing and accessories for varied sports and fitness needs.
The company’s main objective is to design, develop and market the sports related merchandise around the globe. The company serves as wide market segment with its products made for different social groups like women, men and children. To further illustrate this diversity, it is indicated that the company has well over 300 shoe models designed in 900 different styles to suit a further 25 different sporting activities (Nike Inc., 2012). To help in its expansion and market penetration, the company has collaborated with many firms internationally. This has helped the company to explore markets that do not fall in its core operational competencies. The company’s main competitors are Adidas and old navy among other industry giants. ...
Download paper
Not exactly what you need?

Related papers

Working capital trade-offs of. Porsche AG, Daimler AG, and BMW.
This section would be discussing the working capital trade-offs of three luxury car manufacturing companies Porsche AG, Daimler AG, and BMW. …
12 pages (3012 words)
A response on The Yellow Wallpaper
A response on The Yellow Wallpaper …
4 pages (1004 words)
Multinational Corporations
The fluctuations in the forex may result in great losses. In order to get protection from such losses, there are helpful tools like futures contracts which reduce the credit risk greatly. Forward contracts are also very helpful if a party is looking for hedging. A party can also make currency option contracts to protect itself from fluctuating rates. A country has the option to adopt an exchange…
5 pages (1255 words)
ABC at Scotty Accents Company
This has been proven in the case of Scotty Accents where one costing system - absorption costing indicates that the production of Brass was not as profitable as Chrome while the other – activity based costing (ABC) indicates that it is the other way around. Therefore, different costing methods provide different results and can lead to different decisions being taken in terms of pricing and…
6 pages (1506 words)
Derivatives and Alternatives Investment Written Assignment Coursework
The mechanism of interest rate swap is explained below with the help of a small example. Let consider to party A & be involved in the interest swap for a period of 5 years. The payment made by A will be calculated at 6% fixed interest rate where as for B the rate is calculated at 6 months floating. The principal let us consider as $10 million. Cash flows for the above case are described in the…
6 pages (1506 words)
The Balanced Scorecard
The Balanced Scorecard …
4 pages (1004 words)
Steven’s gift tax liability for 2013
The IRS considers gifts given by couples jointly, to be divided into half of the total value of the gift, such that each individual ends up giving half (Herisgad). From this point, each half is dealt with individually, subject to gift tax guidelines. If Steven, had given the car to Bobby jointly with his wife then it would have been total value $18,000 divided by two from each thus from Father…
3 pages (753 words)