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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 $939.0.land $240.0, patents and trademarks (at cost) $530,0, machinery and equipment $2,200.0, buildings $900.0, goodwill (at cost) $220.0, accumulated amortization $46.0, and accumulated depreciation $2.280. Prepare a partial balance sheet for Nike for these items. (List Property, Plant and Equipment in order of Land, Buildings and Machinery and Equipment.) Plant and Equipment rand Equipment : it Assets NIKE, INC. Partial Balance Sheet As of May 31, 2022 (in millions) 900 2200 939 240
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