Below is the asset section of common-size balance sheets for Nike for a consecutive five-year period.

NIKE (NKE) 2019 2018 2017 2016 2015

Current Assets

Cash and Equivalents 15.8% 10.5% 9.4% 8.9% 5.2%

Receivables 25.7% 26.9% 31.3% 28.0% 27.9%

Inventories 20.6% 20.7% 22.6% 21.3% 24.5%

Other Current Assets 10.1% 11.8% 6.4% 6.2% 4.7%

Total Current Assets 72.2% 69.8% 69.7% 64.5% 62.3%

Non-Current Assets

P P & E, Net 18.3% 20.1% 24.1% 25.1% 27.8%

Intangibles 6.2% 6.4% 2.7% 6.8% 6 .8%

Other Non-Curr Assets 3.4% 3.7% 3.4% 3.6% 3.1%

Total Non-Curr Assets 27.8% 30.2% 30.3% 35.5% 37.7%

Total Assets 100.0% 100.0% 100.0% 100.0% 100.0%

Based on these statements alone, which of the following statements is most accurate?

Nikes Debt consisted mostly of short-term debt in 2019.

Based on analysis of its assets, Nike was more liquid in 2019 than in 2015.

Nike had less money invested in inventory in 2019 than in 2015.

Nike had relatively more money invested in PP&E in 2019 than in 2015