we used market value based on the share price of Nike on July 5‚ 2001and number of shares outstanding‚ which resulted in the weights of debt and equity of 10.2% and 89.8% respectively (see Exhibit 2). Cost of Debt: Cost of debt was calculated by Ms. Cohen by finding the historical interest rate of 2.7% and tax rate of 38%. We agree with her estimation of the tax rate of 38%‚ but calculated a cost of debt of 7.17% based on the market price of Nike bonds and finding their yield to maturity (see Exhibit
Premium Stock Weighted average cost of capital Financial markets
Company Evaluation Project Of Nike Corporation Submitted By: Steven Ritter May 10‚ 2007 Financial Analysis Description of Company History Nike Corporation has become one of the most competitive sports and fitness companies worldwide. Two runners‚ Bill Bowerman and Phil Knight‚ from a small town in Oregon embarked upon the business with a handshake agreement. The enterprise began in January of 1964 with the introduction of Blue Ribbon Sports. In 1966 the handshake between
Premium Financial ratios Financial ratio Nike, Inc.
last twenty years the global economy has undergone enormous economic growth. Europe and North America‚ created a consumer based‚ materialist Tower Babel made of debt and excessive leverage. This Tower collapsed as confidence in the language of the financial world (debt‚ securitization‚ leverage and antidotes trust‚ liquidity and interbank lending) collapsed. Although the latest crisis appears to originate in the financial sector‚ the origins are much deeper. Capitalism and the relentless
Premium Economics Economic growth Economy
h4By amoooora Studymode.com/h4 Running head NIKE‚ Inc. Mission‚ Vision‚ Principlesspan classtab/span1br /br / br /br / NIKE‚ Inc. Mission‚ Vision‚ Principles br /br / Ameirah Aldahmanibr /br / MSM631 ndash Strategic Management and Financial Reports Analysis Regis Universitybr /br / Saturday‚ September 04‚ 2010br /br / br /br / Abstractbr /br / span classtab/spanThis paper is a qualitative and quantitative analysis of NIKE‚ Inc.‚ done as six separate sections. The six sections
Premium Sustainability
Title: Russian-German Economic Relations under Conditions of the Globalization Subtitle: Developing of Russian-German Economic Relations under Conditions of the Globalization in the 21-st Century Thesis: The Russian-German Economic Relations are now stronger than ever Department: LL.M.‚ Business Law‚ Business English Name of University: University of Applied Sciences of Mainz Submitted by: Dimitri Pirojoc Author’s Address: Floßstr. 9‚ 55120 Mainz Author’s Matr.Nr.: 803789
Premium International trade Economics World Trade Organization
NIKE – INTRODUCTION : Nike‚ Inc. is a major publicly traded sportswear and equipment supplier based in the United States. The company is headquartered in the Portland metropolitan area of Oregon‚ near Beaverton. It is the world ’s leading supplier of athletic shoes and apparel and a major manufacturer of sports equipment with revenue in excess of $16 billion USD in 2007. As of 2008‚ it employed over 30‚000 people world-wide. Nike and Precision Castparts are the only Fortune 500 companies headquartered
Premium Nike, Inc.
strategies that Nike has created in tandem with the Football World Cup. The report examines the performance of Nike in relation with the Football World Cup and also tried to find out whether there were any alternatives to get an even better result. In this report I also compared Nike with its closest competitor‚ Adidas and evaluated the critical differences between these two organizations based on the marketing strategies that they have adopted to become successful. 1. Introduction Nike is the leading
Premium FIFA World Cup Marketing Nike, Inc.
BUSINESS ADMINISTRATION CASE STUDY – NIKE CSR (page 70) 1. In referring to the opening profile and the closing for this chapter‚ discuss the challenges regarding corporate social responsibility that companies in the apparel industry face in its supply chains around the world? Answer: There are 5 challenges related to CSR: a. Lack of awareness and benefit of CSR In fact‚ many of companies have little knowledge about CSR. In some cases‚ companies may have a greater understanding of CSR
Premium Corporate social responsibility Management Business
consumers’ decisions to spend? Higher stock prices mean that consumers’ wealth is higher and so they will be more likely to increase their spending. 4. Why are financial markets important to the health of the economy? Because they channel funds from those who do not have a productive use for them to those who do‚ thereby resulting in higher economic efficiency. 5. What was the main cause of the recession that began in 2007? The main cause of the recession that began in 2007 was the defaults in subprime
Premium United States dollar Currency Finance
economy is the maturing market in athletic shoes. There is also a growing adverse demographic change in the marketplace brought about by the sweatshop expose that Nike has not overcome yet. Effects to Nike’s growth are also affected not only by domestic economy but also by the international economy. The continued weak Euro and Asian recession could potentially hurt Nikes international sales and growth. Nike’s extreme sports product line is seen as inferior quality compared to competitors and is
Premium Advertising Athletic shoe Nike, Inc.