In 2016, Nordstrom, Inc. reported the following (in millions): Actual Assets Actual Passive Long-term Passive Equity $3,242

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Question:

In 2016, Nordstrom, Inc. reported the following (in millions):

Actual

Assets

Actual

Passive

Long-term

Passive

Equity

$3,242

$3,029

$3,959

$870

How much did Nordstrom report as total assets?

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Government and Not for Profit Accounting Concepts and Practices

ISBN: 978-1118155974

6th edition

Authors: Michael H. Granof, Saleha B. Khumawala

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Posted Date: Mar 14, 2023 04:25 AM

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In 2016, Nordstrom, Inc. reported the following (in millions): Actual Assets Actual Passive Long-term Passive Equity $3,242

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To find the total assets we need to add the actual passive and longterm passive T... View the full answer

Government and Not for Profit Accounting Concepts and Practices

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