Nike 10K Form - Depreciation and Impairments
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-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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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?
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 ...
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