Nike, Inc. reported the following plant assets and intangible assets for the year ae balance sheet. ended

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Nike, Inc. reported the following plant assets and intangible assets for the year ae balance sheet. ended May 31, 2004 (in millions): other plant assets $530.6; land $179.5; patents and trademarks (at cost) $400.5; machinery and equipment $1,608.6; buildings $813.6; goodwill

(at cost) $135.4; accumulated amortization $34.2; accumulated depreciation $1,545.4.

Prepare a partial balance sheet for Nike for these items.

Compute declining-balance

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471730514

4th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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