Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What is an analysis for the Balance Sheet?. Consolidated Balance Sheet: Liabilities and Stockholders' Equity US$ in millions Current portion of long-term debt Notes payable
What is an analysis for the Balance Sheet?.
Consolidated Balance Sheet: Liabilities and Stockholders' Equity US$ in millions Current portion of long-term debt Notes payable Accounts payable Current portion of operating lease liabilities Compensation and benefits, excluding taxes Sales-related reserves Endorsement compensation Dividends payable Allowance for expected loss on sale Other Accrued liabilities May 31, 2022 500 May 31, 2021 May 31, 2020 3 10 2 248 3,358 2,836 2,248 420 467 445 1,297 1,472 1,248 1,015 1,077 1,178 496 485 397 358 405 2,530 3,156 2,353 6,220 6,063 5,184 Income taxes payable 222 306 156 Current liabilities 10,730 9,674 8,284 Long-term debt, excluding current portion 8,920 9,413 9,406 Operating lease liabilities, excluding current portion 2,777 2,931 2,913 Deferred income taxes and other liabilities 2,613 2,955 2,684 Non-current liabilities Total liabilities Redeemable preferred stock Common stock at stated value Capital in excess of stated value 14,310 15,299 15,003 25,040 24,973 23,287 - 3 3 3 11,484 9,965 8,299 Accumulated other comprehensive income (loss) 318 (380) (56) Retained earnings (deficit) 3,476 3,179 (191) Shareholders' equity 15,281 12,767 8,055 Total liabilities and shareholders' equity 40,321 37,740 31,342 Source: https://www.stock-analysis-on.net/NYSE/Company/Nike-Inc/Financial-Statement/Liabilities-and-Stockholders-Equity
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started