Question
Complete a horizontal analysis using the balance sheet (BS) for the Nike, Inc. Find the amount and percent of increase or decrease for 2018 to
Complete a horizontal analysis using the balance sheet (BS) for the Nike, Inc. Find the amount and percent of increase or decrease for 2018 to 2019 and 2019 to 2020 . Fill in the blanks on the table below. Amounts do not need the dollar sign ( $ ), whole numbers only, no decimals. Percentages should be two decimal places and no percentage sign (%) is needed. Please use commas in thousands (example. 12,500)
2020 assets
Cash and equivalent - 8348
Short term investments - 439
Acct receivable,net-2749
Inventories -7367
Prepaid expenses and other current assets -1653
Total current assets - 20556
Property plant and equipment; net- 4866
Operating lease right of use assets, net- 3097
Identifiable intangible assets,net-2326
2020 liabilities and shareholders
Current portion of long term debt-3
Notes payable-248
Accounts payable -2248
Current portion of operating of operating lease liabilities -445
Accrued liabilities -5184
Income taxes payable-156
Total current liabilities -8284
Long term debt-9406
Operating lease liabilities -2913
Deferred income taxes and other liabilities -2684
Class b 1234 and 1329 shares outstanding - 3
Capital excess of stated value-8299
Accumulated other comprehensive (loss) income- -56
Retained earnings -191
Total shareholders equity -8055
Total liabilities and shareholders equity 31342
2019 assets
Cash and equivalent -4466
Short term investments -197
Accounts receivable,net-4272
Inventories -5622
Prepaid expenses and other current assets -1968
Total current assets -16525
Property plant and equipment,net-4744
Operating lease right of use assets,net-0
Identifiable intangible assets,net-283
Goodwill-154
Deferred income taxes and other assets -2011
Total assets -23717
2019 liabilities and shareholders equity
Current portion of long term debt-6
Notes payable-9
Accounts payable-2612
Current portion of operating lease liabilities 0
Accrued liabilities -5010
Income taxes payable-229
Total current liabilities 7866
Long term debt-3464
Operating lease liabilities -0
Deferred income taxes and other liabilities -3347
Class b 1234 and 1329 shares outstanding -3
Capital excess of stated value-7612
Accumulated other comprehensive (loss) income- -56
Retained earning- -191
Total shareholder equity-8055
Total liabilities and shareholders equity-31342
2018
Cash and equivalent -4249
Short term investments -996
Accounts receivable,net-3498
Inventories -5261
Prepaid expenses and other current assets-1130
Total current assets-15134
Property plant and equipment, net-0
Identifiable intangible assets,net-285
Goodwill -154
Deferred income taxes and other assets - 2509
Total assetts- 22536
2018 liabilities and shareholders equity
Current portion of long term debt-6
Notes payable-336
Accounts payable-2279
Current portion of operating lease liabilities - 0
Accrued liabilities - 3269
Income taxes payable - 150
Total current liabilities -6040
Long term debt-3468
Operating lease liabilities -0
Deferred income taxes and other liablities-3216
Class b 1314 and 1329 shares outstanding - 3
Capital in excess of stated value- 6384
Accumulated other comprehensive (loss) income- -92
Retained earnings - 3517
Total shareholders equity - 9812
Total liabilities and shareholders equity- 22536
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