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Brief exercise 9-11 Brief Exercise 9-11 Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended May 31, 2014 (in
Brief exercise 9-11 Brief Exercise 9-11 Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended May 31, 2014 (in millions): other plant assets $905.3; land $248.2; patents and trademarks (at cost) $513.4; machinery and equipment $2,059.2; buildings $959; goodwill (at cost) $171.7; accumulated amortization $40.9; and accumulated depreciation $2,113. Prepare a partial balance sheet for Nike for these items. (List Property, Plant and Equipment in order of Land, Buildings and Equipment.)
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