Question

The following items were taken from the balance sheet of Nike, Inc.


Instructions
Perform each of the following.
(a) Classify each of these items as an asset, liability, or stockholders’ equity and determine the total dollar amount for each classification. (All dollars are in millions.)
(b) Determine Nike’s accounting equation by calculating the value of total assets, total liabilities, and total stockholders’ equity.
(c) To what extent does Nike rely on debt versus equityfinancing?


$1.99
Sales0
Views145
Comments0
  • CreatedApril 21, 2012
  • Files Included
Post your question
5000