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Nike 10K Form - Depreciation and Impairments

-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?

Solution Preview

-How does Nike, Inc. address depreciation? How is it handled, and what happens if they have estimated useful life incorrectly?

Okay, let's take another look at their 10-K.

On pg. 42, we see that Nike uses estimates for depreciation. When Nike determines that the useful life needs to be adjusted, they handle it by increasing the ...

Solution Summary

-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?

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