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(a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show
(a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. 55,000,20% or (55,000),(20%). Round percentages to 1 decimal place, e.g. 12.1%. Long-term Liabilities Stockholders' equity Total liabilities and stockholders' equity 1,344 9,184 $14,000 % % % Current Attempt in Progress Suppose the comparative balance sheets of Nike, Inc. are as follows. \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{NIKE,INC.CondensedBalanceSheetMay31($inmillions)} \\ \hline & 2022 & 2021 \\ \hline \multicolumn{3}{|l|}{ Assets } \\ \hline Current Assets & $10,332 & $9,393 \\ \hline Property, plant, and equipment (net) & 2,100 & 2,034 \\ \hline Other assets & 1,568 & 1,721 \\ \hline Total assets & $14,000 & $13,148 \\ \hline \multicolumn{3}{|l|}{ Liabilities and Stockholders' Equity } \\ \hline Current Liabilities & $3,472 & $3,513 \\ \hline Long-term liabilities & 1,344 & 1,360 \\ \hline Stockholders' equity & 9,184 & 8,275 \\ \hline Total liabilities and stockholders' equity & $14,000 & $13,148 \\ \hline \end{tabular} (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022
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