Suppose the following items were taken from the balance sheet of Nike, Inc. (All dollars are in millions.) 1. 2. 3. 4. 5. 6. Cash (a) Accounts receivable Common stock Notes payable Buildings Mortgage payable Perform each of the following. $2,611.5 3,345.7 8. 3,334.4 9. 391.6 Your answer is correct. Stream 7. 1,494.6 10. 4,286.3 11. Inventory Income taxes payable Courses Equipment Retained earnings Accounts payable $2,686.3

97.9 2,232,6 6,634.2 Classify each of these items as an asset, liability, or stockholders' equity. (Enter amounts in millions rounded to 1 decimal place, e.g. 45.5 million.) 3,209.7 Calendar = More

Determine Nike's accounting equation by calculating the value of total assets, total liabilities, and total stockholders' equity. (Enter amounts in millions rounded to 1 decimal place, e.g. 45.5 million.) Suppose the following items were taken from the balance sheet of Nike, Inc. (All dollars are in millions.) Perform each of the following. (a) Your answer is correct. Classify each of these items as an asset, liability, or stockholders' equity. (Enter amounts in millions rounded to 1 decimal place, e.g. 45.5 million.) Determine Nike's accounting equation by calculating the value of total assets, total liabilities, and total stockholders' equity. (Enter amounts in millions rounded to 1 decimal place, e.g. 45.5 million.) eTextbook and Media Attempts: 0 of 3 used (c) The parts of this question must be completed in order. This part will be available when you complete the part above. Classify each of these items as an asset, liability, or stockholders' equity. (Enter amounts in millions rounded to 1 decimal place, e.g. 45.5 million.) Cash Accounts receivable Common stock Notes payable Buildings Mortgage payable Inventory Income taxes payable Equipment Retained earnings Accounts payable