Please see attached word document question

Brief Exercise 9-11

SupposeNike, Inc.reported the following plant assets and intangible assets for the year ended May 31, 2014 (in millions): other plant assets $929.4; land $235.2; patents and trademarks (at cost) $528.2; machinery and equipment $2,063.7; buildings $965; goodwill (at cost) $206.2; accumulated amortization $43.9; and accumulated depreciation $2,366.

Prepare a partial balance sheet for Nike for these items.(List Property, Plant and Equipment in order of Land, Buildings and Equipment.)

NIKE, INC.

Partial Balance Sheet

As of May 31, 2014

(in millions)

C

Brief Exercise 9-11 Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended May 31, 2014 (in millions): other plant assets $929.4; land $235.2; patents and trademarks (at cost) $528.2; machinery and equipment $2,063.7; buildings $965; goodwill (at cost) $206.2; accumulated amortization $43.9; and accumulated depreciation $2,366. Prepare a partial balance sheet for Nike for these items. (List Property, Plant and Equipment in order of Land, Buildings and Equipment.) NIKE, INC. Partial Balance Sheet As of May 31, 2014 (in millions) Property, Plant and Equipment $ Land 235.2 $ Buildings 965 Machinery and Equipment 2063.7 Other Plant Assets 929.4 Less : 2366 Accumulated Depreciation Total Property, Plant and Equipment Intangible Assets Goodwill $ Patents and Trademarks Less : Accumulated Amortization Total Intangible Assets