- / 20 Question 3 of 5 View Policies Current Attempt in Progress Suppose the comparative balance sheets of Nike, Inc. are presented here Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets Current assets $ 9,180 $9,000 Property, plant and equipment (net) 1.785 1.700 Other assets 1.656 1.800 Total assets $12,621 $12.500 Liabilities and Stockholders' Equity Current liabilities $3,366 $3,400 Long-term liabilities 1.222 1300 Stockholders'equity 8,033 7.800 Total liabilities and stockholders equity $12,621 $12.500 Question 3 of 5 C> - /20 = NIKE, INC. Condensed Balance Sheet ($ in millions) Increase 2019 (Decrease) 2020 Percentage Change from 2019 Assets Current assets $9.180 $9.000 $ Property, plant & equipment (net) Other assets 1.785 1.700 1.656 1.800 20 $12,621 $12,500 $ % $3,366 $3,400 $ Total Assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity Total liabilities and Stockholders' Equity % 1.222 1,300 96 8,033 7,800 % $12.621 $12.500 $ % Prepare a vertical analysis of the balance sheet data for Nike for 2020. (Round percentages to 1 decimal place, eg. 12.3%) NIKE, INC. Condensed Balance Sheet $ (in millions) Assets Percent Current assets $9,180 de Property, plant, and equipment (net) Other assets 1.785 96 1,656 96 $12,621 %6 $3,366 % Total Assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity Total liabilities and Stockholders' Equity 1.222 % 8.033 96 $12,621 96