ACCT 211 PSU 2020 Nike Inc Wall Street Journal Article Analysis Discussion
I don’t know how to handle this Accounting question and need guidance.
Attached is an article about Nike that appeared in the September 23, 2020 edition of the Wall Street Journal. Please read the article and answer the questions below. Note that some of these questions will require you to do research beyond what is written in the article.
When completed, the article must be submitted into a drop box that has been set up in Canvas. Any other form of submission is not acceptable
It is due no later than Wednesday October 7 at 11:59 p.m.
1. What is the article reporting about Nike?
2. Who are the major competitors to Nike and how does it attempt to differentiate itself from them?
3. Is the annual period a calendar or fiscal year for the company. When does its year end? How did ANNUAL earnings compare during the past two years in terms of dollars and earnings per share (basically net income/average # of common stock shares outstanding)?
4. In some ways the pandemic has benefitted Nike. Discuss.