Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Condensed Balance Sheet...
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Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Condensed Balance Sheet May 31 ($ in millions) 2020 2019 Assets Current Assets $9,600 $8,700 Property, plant, and equipment (net) 2,050 1,840 Other assets 1,540 1,740 Total assets $13,190 $12,280 Liabilities and Stockholders' Equity Current Liabilities $3,220 $3,340 Long-term liabilities 1,300 1,330 Stockholders' equity 8,670 7,610 Total liabilities and stockholders' equity $13,190 $12,280 Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Condensed Balance Sheet May 31 ($ in millions) 2020 2019 Assets Current Assets $9,600 $8,700 Property, plant, and equipment (net) 2,050 1,840 Other assets 1,540 1,740 Total assets $13,190 $12,280 Liabilities and Stockholders' Equity Current Liabilities $3,220 $3,340 Long-term liabilities 1,300 1,330 Stockholders' equity 8,670 7,610 Total liabilities and stockholders' equity $13,190 $12,280
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