Question
Please answer the following questions for Nike, Inc. Reporting Were there any extraordinary gains or losses or discontinued operations? How is comprehensive income reported? Compare
Please answer the following questions for Nike, Inc.
Reporting
Were there any extraordinary gains or losses or discontinued operations?
How is comprehensive income reported? Compare reported net income to comprehensive income.
Any changes in accounting principle? If so, what change and why was it made?
Either from the financial statements or notes give two examples where:
Reporting information is on the historical cost basis.
Reporting information is on the fair market value basis
What firm performed the annual audit? Did the auditors give an unqualified (clean) audit opinions?
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