What is nike’s policy on asset impairments

Assignment Help Finance Basics
Reference no: EM131410662

The SEC Form 10-K of NIKE is reproduced in Appendix C.

REQUIRED:

Review the NIKE SEC Form 10-K, and answer the following questions:

a. What percentage of total assets do property, plant, and equipment and long-lived assets in total make up?

b. What is the largest category of property, plant, and equipment?

c. How large is the depreciation and amortization expense relative to sales, and why is it listed on the statement of cash flows?

d. What method and estimated lives does NIKE use for its property, plant, and equipment?

e. What is the company's largest intangible asset?

f. What is NIKE's policy on asset impairments?

g. What event led to the large impairment change, and why are impairments listed on both the income statement and statement of cash flows?

h. How much did NIKE invest in property, plant, and equipment during 2008, and how much cash did it receive from disposals of property, plant, and equipment?

Reference no: EM131410662

Questions Cloud

Length of the dna : Why dont positive ions attach all along the length of the DNA until the DNA is electrically neutral? What, if anything, opposes that process?
How much cash did target pay to its suppliers in 2008 : Compute the inventory purchases made by Target during 2008. Record a single entry that reflects these purchases.
Review the initial evaluation report of andrew : Then, review the initial evaluation report of Andrew, a high school student who has executive functioning deficits. Specifically, read the present educational levels from his teachers and the areas of need that are listed.
What is the meaning of diversity : What is the meaning of diversity and how the organizations are learning and would this type of information influence your decision about job offers from various firms? Why?
What is nike’s policy on asset impairments : What percentage of total assets do property, plant, and equipment and long-lived assets in total make up?
Explain the generalist model : Construct an essay on the generalist model of 750-1,000 words and include the following: Explain the generalist model. Discuss why the generalist model became the operational model in social work
Discusse relevant aspects of the poem : Write an analysis of the poem which discusses relevant aspects of the poem, which may include rhyming scheme, word choice, meter, imagery, metaphors, etc.
How to report this lawsuit in its 2011 financial report : Assume that a contingent liability of $742,000 is accrued on December 31, 2011. What journal entry would the company record on August 12, 2012, the date of the settlement?
Examine the impact that reintroduction of greek knowledge : The narrative of Western European history, as well as that of the United States, often starts with the legacies of the Greeks and the Romans. However, this legacy was largely lost to Europe until the eleventh and twelfth centuries. Examine the imp..

Reviews

Write a Review

Finance Basics Questions & Answers

  Calculate the correlation between projects

The management of Gawain plc is evaluating two projects whose returns depend on the future state of the economy as shown below: The project (or projects) accepted would double the size of Gawain.

  What was your total nominal rate of return

Assuming a $1,000 face value, what was your total dollar return on this investment over the past year?

  Differences between formal and informal research

Complete a 2 page paper in APA format (plus cover sheet and reference page) that briefly describes the differences between formal and informal research. What are the benefits and the drawbacks? Provide examples of when might you use each type of r..

  Construct the report of condition

Construct the report of condition (balance sheet) for First National Bank for December 31 of the year just ended from the following information.

  The contract is in the form of a 48-month annuity due at a

you want to buy a new sports car from muscle motors for 79000. the contract is in the form of a 48-month annuity due

  Assume that upc was successful in generating 15 million

using the attached excel file respond to the following questionsassume that upc is issuing a 10-year 10000 par value

  March may july september and december state the contract

in the chicago board of trades corn futures contract the following delivery months are available march may july

  Conclusion of a syllogism

If the reasoning from premises to a conclusion of a syllogism is accurate then it is considered valid. Can one come to a false conclusion with a valid syllogism?

  What is the modified internal rate of return

What is the modified internal rate of return (MIRR) of this project? Assume that the required rate is 12%

  Describe how the foregoing data can be used to develop

Describe how the foregoing data can be used to develop a simulation model for finding the net present value of the project. Discuss the advantages of using a simulation to evaluate the proposed project.

  Using the straight-line method

Using the straight-line method: Prepare the journal entry to record the purchase of the equipment on January 1, 2015. Prepare the adjusting journal entry to record depreciation for 2015.

  Considering a new automatic copying machine

Evanston Quick-Print Shop is considering a new automatic copying machine that can be purchased for $14,800. Delivery will cost $300 and set-up will cost $500. The machine will be paid for and placed in service Dec 31,1993. It will be depreciat..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd