Question: Question 5 At the most recent balance sheet date, Nike's largest current asset is: a. Cash and equivalents. Ob. Property, plant and equipment (net). Oc.

Question 5 At the most recent balance sheet date, Nike's largest current asset is: a. Cash and equivalents. Ob. Property, plant and equipment (net). Oc. Accounts receivable (net). Od. Accounts payable. A Moving to another question will save this response. NIKE, INC. CONSOLIDATED BALANCE SHEETS (in millions) ASSETS Current assets Cash and equivalents Short-term investments Accounts receivable, net Inventories Prepaid expenses and other current assets Total current assets Property, plant and equipment, net Operating lease right-of-use assets, net Identifiable intangible assets, net Goodwill Deferred income taxes and other assets TOTAL ASSETS LIABILITIES AND SHAREHOLDERS' EQUITY Current liablites Current portion of long-term deb Notes payable Accounts payable Current portion of operating lease liabilities Accrued abilities Income taxes payable Total current fiabilities Long-term debt Operating lease labelbes Deferred Income taxes and other labies Commitments and contingencies (Note 18) Redeemable preferred stock Shareholders' equity Common stock at stated value Class A convertible-305 and 315 shares outstanding Class 8-1,273 and 1,243 shares outstanding Capital in excess of stated value Accumulated other comprehensive income (loss) Retained earnings (deficit) Total shareholders' equity TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY The accompanying Notes to the Consolidated Financial Statements are an integral part of this statement $ 2021 MAY 31, 9.889 $ 3,587 4463 6.854 1,498 26.291 4,904 3,113 209 242 2,921 37,740 2,836 467 0,063 306 9,674 9,413 2.931 2.955 3 9,965 (380) 3.179 12,707 37,740 1 2020 8,348 439 2.749 7,367 1,653 20,556 4,866 3.097 274 223 2.326 31,342 3 248 2,248 445 5,184 156 8,284 9,406 2913 2664 3 0.299 (56) (101) 8.055 31,342
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