Assignment: Project
You will continue to use the Form 10-K for Nike, Inc. You will answer questions related to depreciation and also form an overall analysis of Nike, Inc. to wrap up the project.
Final Project Requirements
You will be analyzing the depreciation information and some overall information.
Prepare a one- to two-page double-spaced report addressing items covered in Nike's Form 10-K. Your report should cover the following:
• How does Nike, Inc. address depreciation? How is it handled, and what happens if they have estimated useful life incorrectly?
• How do the notes in Nike, Inc.'s Form 10-K discuss impairments, and how do they handle these in their records?
In addition prepare a summary presentation on all six weeks. Your presentation should cover the following:
• Balance sheet
• Statement of cash flows
• Income statement
• Revenue recognition policies
• Cash
• Receivables
• Inventory balances
• Inventory and property
• Plant and equipment
• Depreciation.