Nike's 10-K section 7 (Management Discussion & Analysis) excerpt For the questions in this section, refer to the excerpts from Nike's 10-K Section 7 (Management Discussion and Analysis) on the [10-K Sec 7] worksheet or to the "Nike 2020 10-K Excerpts.pdf" document that was attached to the Canvas assignment In chapter 7, we talked about accounts receivable. The amount reported on the Balance Sheet is the "net realizable value" (eBook pg. 364). Refer to the paragraph titled "Allowance for Uncollectible Accounts Receivable" on the (10-K Sec 7] worksheet to get the amount Nike accrued for uncollectible A/R. Then combine this with the Accounts Receivable, Net amount reported on the Balance Sheet to calculate the percent of A/R Nike expects to be uncollectible. Fiscal 2020 Fiscal 2019 Nike Corporation (ended May 31, 2020) (ended May 31, 2019) 4. Allowance for Uncollectible Accounts 5. Accounts Receivable, net 6. Percentage expected to be uncollectible (= Allowance /(A/R net + Allowance)] 7. According to the "Allowance ..." paragraph, what recent event caused this change in expected uncollectible accounts? In chapter 8, we talked about long-term assets. Refer to the paragraph titled "Property, Plant and Equipment and Depreciation" on the [10-K Sec 7] worksheet. Remember that the value reported on the Balance Sheet is the "Property, Plant and Equipment, net" (net of accumulated depreciation)--the remaining unused value of these assets. Fiscal 2020 Fiscal 2019 Nike Corporation (ended May 31, 2020) (ended May 31, 2019) 8. Percentage of Property, Plant and Equipment assets "used up" (already depreciated) 9. In chapter 9, we talked about accrued liabilities. Refer to Note 5 - Accrued Liabilities" on the [10-K Sec 7] worksheet. Note that these amounts (over $5 Billion) were accrued in the credit part of a journal entry. What category of account (asset, liability, revenue, expense, etc.) would have appeared in the debit part of these accrual journal entries? Nike's 10-K section 7 (Management Discussion & Analysis) excerpt For the questions in this section, refer to the excerpts from Nike's 10-K Section 7 (Management Discussion and Analysis) on the [10-K Sec 7] worksheet or to the "Nike 2020 10-K Excerpts.pdf" document that was attached to the Canvas assignment In chapter 7, we talked about accounts receivable. The amount reported on the Balance Sheet is the "net realizable value" (eBook pg. 364). Refer to the paragraph titled "Allowance for Uncollectible Accounts Receivable" on the (10-K Sec 7] worksheet to get the amount Nike accrued for uncollectible A/R. Then combine this with the Accounts Receivable, Net amount reported on the Balance Sheet to calculate the percent of A/R Nike expects to be uncollectible. Fiscal 2020 Fiscal 2019 Nike Corporation (ended May 31, 2020) (ended May 31, 2019) 4. Allowance for Uncollectible Accounts 5. Accounts Receivable, net 6. Percentage expected to be uncollectible (= Allowance /(A/R net + Allowance)] 7. According to the "Allowance ..." paragraph, what recent event caused this change in expected uncollectible accounts? In chapter 8, we talked about long-term assets. Refer to the paragraph titled "Property, Plant and Equipment and Depreciation" on the [10-K Sec 7] worksheet. Remember that the value reported on the Balance Sheet is the "Property, Plant and Equipment, net" (net of accumulated depreciation)--the remaining unused value of these assets. Fiscal 2020 Fiscal 2019 Nike Corporation (ended May 31, 2020) (ended May 31, 2019) 8. Percentage of Property, Plant and Equipment assets "used up" (already depreciated) 9. In chapter 9, we talked about accrued liabilities. Refer to Note 5 - Accrued Liabilities" on the [10-K Sec 7] worksheet. Note that these amounts (over $5 Billion) were accrued in the credit part of a journal entry. What category of account (asset, liability, revenue, expense, etc.) would have appeared in the debit part of these accrual journal entries