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Your answer is partially correct. Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended May 31, 2022 (in
Your answer is partially correct. Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended May 31, 2022 (in millions): other plant assets $942.0, land $210.0, patents and trademarks (at cost) $500.0, machinery and equipment $2,050.0, buildings $930.0, goodwill (at cost) $190.0, accumulated amortization $43.0, and accumulated depreciation $2,150.0. Prepare a partial balance sheet for Nike for these items. (List Property, Plant and Equipment in order of Land, Buildings, Machinery and Equipment and Other Plant Assets. Round answers to 1 decimal place, eg. 5,275.5.) NIKE, INC. Partial Balance Sheet May 31, 2022 and Equipment Equipment (in millions) 930.00 2050.00 21000 Equipment v isets Accumulated Depreciation Plant and Equipment ts ademarks 500.00 Accumulated Amortization v 43.00 eAssets 930.00 2050.00 942.00 2150 190.00 457.00 $ 210.00 1722.00 1512.00 2159.00
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