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ALL TWO PARTS AND FOR THE HORIZONTAL ANALYSIS BALANCE SHEET, ROUND TO ONE DECIMAL PLACE. Question 1 Suppose the comparative balance sheets of Nike, Inc.

ALL TWO PARTS AND FOR THE HORIZONTAL ANALYSIS BALANCE SHEET, ROUND TO ONE DECIMAL PLACE. image text in transcribed
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Question 1 Suppose the comparative balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2017 2016 Assets Current Assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities Stockholders equity Total liabilities and stockholders' equity $9,600 $8,730 1,830 1,470 1,620 $12,980 $12,180 1,910 $3,200 $3,370 1,3101,330 7,480 $12,980 $12,180 8,470

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