Based on Nike, Inc., this write a financial plan of 350-500 words, plus spreadsh

Question

Based on Nike, Inc., this write a financial plan of 350-500 words, plus spreadsheet(s) that addresses the following (guidelines): Using Excel, create a 3-year pro forma income statement for Nike, Inc.. What will be your financial break-even point? If you require investment capital, identify possible sources (friends, family, banks, USSBA, etc.). How will you use financial information to help you craft your business strategy? What key financial ratio will you be using to measure the performance of your organization to determine success?

Explanation / Answer

The development of modified sneakers will seek to achieve various marketing objectives. To begin with, the introduction of modified sneakers on the market will seek to increase the amount of sales for Nike by 5% worldwide during its first year on the market. It is expected that the modified sneakers will capture 75% of its target market within the first year of its introduction on the market. This will enhance the overall sales of Nike because the market is yet to be fully exploited. Similarly, the modified products target to enhance Nike

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