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Save the file as Your Last Name, First Initial BUS320 Wk3 Activity After completing the activity, upload the Excel spreadsheet to the WK3 Assignment

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Save the file as "Your Last Name, First Initial BUS320 Wk3 Activity" After completing the activity, upload the Excel spreadsheet to the WK3 Assignment Upload folder NIKE, INC. BALANCE SHEET ($ millions) 2018 2019 2020 2021 ASSETS Cash & Short-Term Investments 6,500 5,245 4,663 5,500 Net Receivables 3,677 3,498 4,272 2,749 Inventories 5,055 5,261 5,622 7,367 Prepaid Assets 1,150 1,130 1,968 1,653 Total Current Assets 16,382 15,134 16,525 17,269 Gross Plant, Property & Equipment 7,958 8,891 9,469 12,758 Accumulated Depreciation 3,969 4,437 4,725 4,795 Net Plant, Property & Equipment 3,989 4,454 4,744 7,963 Intangibles 422 439 437 497 Other Assets 2,787 2,509 2,011 2,326 TOTAL ASSETS 23,580 22,536 23,717 28,055 LIABILITIES Long Term Debt Due in One Year 331 342 15 696 Accounts Payable 2,048 2,279 2,612 2,248 Taxes Payable 280 374 463 358 Accrued Expenses 1,080 1,196 1,215 1,038 Other Current Liabilities 1,735 1.849 3,561 3,944 Total Current Liabilities 5,474 6,040 7,866 8,284 Long Term Debt 3,471 3,468 3,464 12,319 Deferred Liabilities 1,907 3,216 3,347 TOTAL LIABILITIES 2,684 10,852 12,724 14,677 23,287

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