18, 2

Hypothetical comparative condensed balance sheets of Niloe, Inc. are presented here. (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (Show the amount of increase or decrease as well.) (Enter amounts in milions. Enter negative amounts and percentages using either a negative sign preceding the number e8. \45,45 or porentheses eg. (45), (45\\%). Round percentoges to 1 decimal place, e.g 12.3\\%) [b] Prepare a vertical analysis of the balance sheet data for Nike for 2022. (Round percentages to 1 decimal place, eg. 12.3\\%)