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

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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