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Accounting Regulatory Bodies Paper 3

Accounting Regulatory Bodies Paper

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Title: Accounting Regulatory Bodies Paper

Essay Details:

Subject: Miscellaneous

Author: Susan R

Date: July 22, 2012

Level: College

Grade: A

Length: 1 / 208

Essay text:

Statement of stockholders equity also covers a period of time and it looks at the equity part of the company's balance sheet. I choose to review Nikes financial reports for the fiscal year which ended May, 31, 2004. It is my conclusion that Nike complied with all the standards of the accounting regulatory bodies by providing detailed analysis of the company's earnings and revenues for that year. The balance sheet showed in increase of 8% of worldwide stock from the previous year and an increase of cash and short-term assets. The income statement showed in increase of gross margins and selling and administrative expenses in comparison with 2003...

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