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

Argue if Nike, Inc. addresses inventory reserves. If so, what is their policy related to this? Do you agree with this? Why?
Determine if Nike, Inc. uses the retail inventory method and if so, what version do they use? If not, explain why.
Describe what is included in Property, Plant, and Equipment. Are there any special rules related to valuation of this group of assets?
Distinguish which asset under Property, Plant, and Equipment makes up the largest portion of the balance. Distinguish which asset makes up the smallest portion of the balance.
Analyze if there should be more detail on the face of the Balance Sheet on the Property, Plant, and Equipment account such as showing the different asset accounts. Give an example of what the value is of doing this.
Evaluate if there any gains or losses included in the income statement balance. If so, what are the details? If not, why do you think they are not included?

Cite any sources you use using correct APA format on a separate page.

Assignment 3 Grading Criteria	Maximum Points
Examined whether Nike, Inc. addresses inventory reserves. If so, what is their policy related to this and if not why?	10
Examined if Nike, Inc. uses the retail inventory method and if so, what version they use. If not why?	10
Explained what is included in Property, Plant, and Equipment and discussed whether there are any special rules related to valuation of this group of assets.	5
Discussed which asset under Property, Plant, and Equipment makes up the largest portion of the balance and which asset makes up the smallest portion of the balance.	5
Analyzed whether there should be more detail on the face of the Balance Sheet on the Property, Plant, and Equipment account, such as showing the different asset accounts, and explained the value of doing this.	5
Analyzed if there are any gains or losses included in the income statement balance. If they are included what are the details, and if not, why do you think they are not included?	10
Used correct spelling, grammar, and professional vocabulary. Cited all sources using correct APA style.	5