Question
Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets
Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets Current assets $ 10,179 $ 8,700 Property, plant, and equipment (net) 1,890 1,800 Other assets 1,404 1,800 Total assets $13,473 $12,300 Liabilities and Stockholders' Equity Current liabilities $3,564 $3,600 Long-term liabilities 1,344 1,400 Stockholders' equity 8,565 7,300 Total liabilities and stockholders' equity $13,473 $12,300
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