Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please answer the questions listed below using the 10-k form or Proxy statement for your company selected. Remember to Include the page number where you

Please answer the questions listed below using the 10-k form or Proxy statement for your company selected. Remember to Include the page number where you found each answer.

-Company Selected: Nike

-Use the year 2019 10-k Annual report for Nike.

-Assets

a. What is the companys largest current asset?

b. What items are classified as cash equivalents?

c. What are trade vs. nontrade accounts receivables?

d. What was the balance at year end for Allowance for Doubtful Accounts for accounts receivables?

e. What categories of inventory does the company report on its balance sheet? What inventory accounting method(s) does the company utilize?

f. What are the companys depreciable assets? What method(s) of depreciation does the company use?

g. What kinds of intangible assets does the company have?

h. How much goodwill is on the balance sheet and how is it defined?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Audits For Excellence

Authors: Dorsey J. Talley

1st Edition

0873890396, 978-0873890397

More Books

Students also viewed these Accounting questions