Suppose that Nike borrows $50 million by issuing new long-term bonds. It places $10 million of the

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Suppose that Nike borrows $50 million by issuing new long-term bonds. It places $10 million of the proceeds in the bank and uses $40 million to buy new machinery.

What items of the balance sheet would change? Would shareholders' equity change?

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Jun 24, 2023 06:27 AM

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Suppose that Nike borrows $50 million by issuing new long-term bonds. It places $10 million of the

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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