Does Nike, Inc. allow for bad debt? If so, what do they consider in determining the amount to allow? If not, what is the reason they do not allow something?

Choose one (1) of the topics from the list of topic choices below. Read the topic carefully. Write a three to four (3-4) page paper (750-1,000 words) that responds to each of the items described in the topic.
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Evaluate management’s decision on its use of vendors and spokespersons. Indicate the organizational impact of these decisions.
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Does Nike, Inc. allow for bad debt? If so, what do they consider in determining the amount to allow? If not, what is the reason they do not allow something?

Prepare a two-to-three-page double-spaced report addressing items covered in Nike’s 10-K. Your report should cover the following:

 

  • Does Nike, Inc. allow for bad debt? If so, what do they consider in determining the amount to allow?  If not, what is the reason they do not allow something?
  • What items may be included in “Cash and Cash Equivalents?”
  • How are the inventories valued for Nike, Inc.? Evaluate if they use more than one valuation. If so, please identify all methods.
  • Does Nike, Inc. classify all of their Accounts Receivable as current? If not, how do they determine whether it is current or not? If yes, why?
  • Are any of their Current Assets increasing when compared to the prior year? Why?
  • Which Current Asset makes up the biggest percentage of Current Assets? Evaluate if this is what you would expect.


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