DE 18-8 Prepare a common-size analysis to compare Nike, Inc., and The Home Depot on the makeup
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DE 18-8 Prepare a common-size analysis to compare Nike, Inc., and The Home Depot on the makeup of their assets (amounts in millions). Assets Nike Home Depot Current assets: Cash and equivalents.. Short-term investments. Accounts receivable, net Inventories $ 198 $ 168 2 1,540 587 1.199 5,489 Other current assets 328 144 Total current assets. 3.265 Property, plant, and equipment, net. 1.266 6.390 10.227 Goodwill and other intangibles 427 311 Other assets... 290 153 Total assets. $5.248 $17,081 To which company are current assets more important? Which company places more emphasis on its plant assets?
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Related Book For
Accounting
ISBN: 9780130906991
5th Edition
Authors: Charles T. Horngren, Walter T. Harrison, Linda S. Bamber, Betsy Willis, Becky Jones
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