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Exercise 14-5 Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019

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Exercise 14-5 Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets Current assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity s 10,692 8,100 1,900 1,600 $14,134 $11,600 1,938 1,504 3,564 3,600 1,400 6,600 $14,134 $11,600 1,358 9,212

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