Condensed balance sheet may 31 ($ in million ) | ||||||
2022 | 2021 | increase (decrease) | percentage change from 2016 | |||
Assets | ||||||
current assets | 9,880 | 8,810 | 1,070 | 12.1% | ||
property plant & equipment net | 1,940 | 1,830 | 110 | 6.0% | ||
other assets | 1,580 | 1,700 | -120 | -7.1% | ||
total assets | 13,400 | 12,340 | 1,060 | 8.6% | ||
liabilities & stockholders equity | ||||||
current liabilities | 3,300 | 3,300 | - | 0.0% | ||
long term liabilities | 1,350 | 1,290 | 60 | 4.7% | ||
stockholder's equity | 8,750 | 7,750 | 1,000 | 12.9% | ||
Total liabilities & stockholders equity | 13,400 | 12,340 | 1,060 | 8.6% |
Your answer's are correct. It might be an error with the system
NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9,880...
What's wrong with my answers in long-term liabilities? (a) Prepare a horizontal analysis of the balance sheet data for Malin, using 2019 as a base. (if amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.) MARIN INC. Condensed Balance Sheet May 31 ($ in millions) Percentage Change from 2019 2020 Increase (Decrease) 2019 Assets Current Assets $9,880 1,940 $8,810 $ 1, 830 1070 10...
Hypothetical balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9,710 $8,720 Property, plant, and equipment (net) 1,940 1,870 Other assets 1,500 1,690 Total assets $13,150 $12,280 Liabilities and Stockholders' Equity Current Liabilities $3,253 $3,330 Long-term liabilities 1,270 1,380 Stockholders’ equity 8,627 7,570 Total liabilities and stockholders' equity $13,150 $12,280 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a...
Exercise 13-05 Hypothetical balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets Property, plant, and equipment (net) Other assets $9,520 1,990 1,590 $13,100 $8,800 1,810 1,610 $12,220 Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $3,220 1,260 8,620 $13,100 $3,380 1,340 7,500 $12,220 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021...
all three pages please! thank you! TAMARISK, INC. Condensed Balance Sheet May 31 ($ in millions) 2017 2016 Assets Current Assets Property, plant, and equipment (net) $9,630 $8,790 2,020 1.860 1,540 1.780 $13,190 $12.430 Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities $3.290 1,310 $3,400 1.350 Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity 8.590 7.680 $13,190 $12.430 TAMARISK, INC. Condensed Balance Sheet May 31 ($ in millions) 2017 2016 Increase (Decrease) Percentage Change from 2013 Assets...
Presented below is the balance sheet for HHD, Inc., at December 31, 2021. Current assets Investments Property, plant, and equipment Intangible assets Total assets Current liabilities Long-term liabilities Shareholders' equity Total liabilities and shareholders' equity $ 660,000 545,000 2,420,000 230,000 $3,855,000 $ 460,000 695,000 2,700,000 $3,855,000 The captions shown in the summarized statement above include the following: a. Current assets: cash, $165,000; accounts receivable (net). $215,000; inventory $240,000; and prepaid insurance, $40,000, b. Investments: Investment in equity securities, short term,...
Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 $10.248 1,890 1,395 $13,533 $ 8,400 1,800 1,500 $11,700 Assets Current assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' Equity Total liabilities and stockholders' equity $ 3,465 1,261 8.807 $13,533 $3,500 1,300 6.900 $11,700 Prepare a horizontal analysis of the balance sheet data for Nike, using 2019 as a base. (Show the amount of increase or decrease...
Part C. E13.5 (a) Prepare a HORIZONTAL kete the balance sheet data for Nike, using 2021 as a ase. amount and percentage are a decrease show the numbers as negative, e.g.-5,000,- 2095 or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.5%) Nike Inc. Comparative Balance Sheet 31-May-22 ($ in millions) 2022 increase Decrease) Percentage Change 2021 8,839 9.734 $ Assets Current Assets Property, plant, and equipment (net) Other assets Total assets 1,958 1,558 13,250 1,891 1.713 12.443 $...
Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets Current assets $ 9,180 $ 9,000 Property, plant, and equipment (net) 1,785 1,700 Other assets 1,656 1,800 Total assets $12,621 $12,500 Liabilities and Stockholders’ Equity Current liabilities $ 3,366 $ 3,400 Long-term liabilities 1,222 1,300 Stockholders’ equity 8,033 7,800 Total liabilities and stockholders’ equity $12,621 $12,500 (a) Prepare a horizontal analysis of the balance sheet data...
Presented below is the balance sheet for HHD, Inc., at December 31, 2021. Current assets Investments Property, plant, and equipment Intangible assets Total assets Current liabilities Long-term liabilities Shareholders' equity Total liabilities and shareholders' equity $ 640,000 530,000 2,280,000 220,000 $3,670,000 $ 440.000 830,000 2,400,000 $3,670,000 The captions shown in the summarized statement above include the following: a. Current assets: cash, $160,000; accounts receivable (net). $210,000; inventory, $235,000; and prepaid insurance, $35,000 b. Investments: investment in equity securities, short term,...
Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets Current assets $ 9,840 $ 8,200 Property, plant, and equipment (net) 1,802 1,700 Other assets 1,615 1,700 Total assets $13,257 $11,600 Liabilities and Stockholders’ Equity Current liabilities $ 3,366 $ 3,400 Long-term liabilities 1,344 1,400 Stockholders’ equity 8,547 6,800 Total liabilities and stockholders’ equity $13,257 $11,600 (a) Prepare a horizontal analysis of the balance sheet data...