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Nike, Inc. provided the following balance sheet information as of November 30, 2024: Account Amount Cash $10,000,000 Accounts Receivable $15,000,000 Inventory $7,500,000 Prepaid Expenses $2,500,000

Nike, Inc. provided the following balance sheet information as of November 30, 2024:

Account

Amount

Cash

$10,000,000

Accounts Receivable

$15,000,000

Inventory

$7,500,000

Prepaid Expenses

$2,500,000

Property, Plant, and Equipment

$75,000,000

Accumulated Depreciation

$25,000,000

Accounts Payable

$12,500,000

Short-term Notes Payable

$5,000,000

Long-term Debt

$37,500,000

Common Stock

$62,500,000

Retained Earnings

$28,500,000

Prepare the balance sheet for Nike, Inc. as of November 30, 2024.

 

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