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Irhome 1 nike accounting policies our

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http://investor.ralphlauren.com/phoenix.zhtml?c=65933&p=irol-irhome 1 NIKE Accounting Policies Our previous discussion and analysis of our financial condition and results of operations are based upon our consolidated financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States of America. The preparation of these financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. We believe that the estimates, assumptions and judgments involved in the accounting policies described below have the greatest potential impact on our financial statements, so we consider these to be our critical accounting policies. Because of the uncertainty inherent in these matters, actual results could differ from the estimates we use in applying the critical accounting policies. 47
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Wikipedia (2012). Nike, Inc. retrieved from http://en.wikipedia.org/wiki/Nike,_Inc Nike Repository (2010). The Nike Information source. Retrieved from http://www.nikerepository.com/nike-company-history Jolie Soloman (March 30, 1998). CFAR. Retrieved from http://www.cfar.com/Documents/nikecmp.pdf 48
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