Question
Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended May 31, 2017 (in millions): other plant assets $916.0,
Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended May 31, 2017 (in millions): other plant assets $916.0, land $200.0, patents and trademarks (at cost) $510.0, machinery and equipment $2,130.0, buildings $930.0, goodwill (at cost) $210.0, accumulated amortization $55.0, and accumulated depreciation $2,300.0. Prepare a partial balance sheet for Nike for these items. (List Property, Plant and Equipment in order of Land, Buildings and Equipment.) 7 J: NIKE, INC. Partial Balance Sheet As of May 31, 2017 (in millions) $
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