based on Nike's financial report 2023

As a proportion of total assets, Nike's largest asset at the most recent balance sheet date was: a. cash and equivalents b. inventories c. accounts receivable, net d. property, plant and equipment, net Nike's depreciation method results in book value being reported on the company's balance sheet early in an asset's useful life than compared to the accelerated depreciation methods. a. more b. less C. the same Nike's depreciation method results in net income being reported on the company's income statement early in an asset's useful life than compared to the accelerated depreciation methods. a. the same b. less C. more In the most recent reporting period, the amount of cash paid by Nike for property, plant and equipment was (in millions)? a. $290 b. $969 C. $5,081 d. $5,634 Calculate Nike's return on assets ratio (net income / total assets) for the last two reporting periods. Round to two decimal places. Based on the company's return on assets ratio, the company's management: a. used its assets more efficiently to generate earnings. b. used its assets less efficiently to generate earnings. C. used its assets the same efficiently to generate earnings. Nike increased which account when it originally issued shares of its stock for cash? a. Retained earnings b. Treasury stock c. Common stock d. Revenues