/cours/35439/assignments/3705832 Vie. Policies Current Attempt in Progress Hypothetical balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9,770 $8.770 Property, plant, and equipment (net) 1.820 1.800 Other assets 1,600 1,740 Total assets $13,190 $12.310 Liabilities and Stockholders' Equity Current Liabilities $3.262 $3.340 Long-term liabilities 1.274 8,654 1,380 7.590 Stockholders' equity Total liabilities and stockholders' equity $13.190 $12, 310 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (if amount and percentage are eg. -55,000, -20% or (55,000). (20%). Round percentages to 1 decimal place, s. 12.5%) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) Percentage (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, es -55,000, -20% or (55,000). (20%). Round percentages to 1 decimal place, es. 12.5%) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Increase (Decrease) Percentage Change from 2016 Assets Current Assets $9.770 $8.770 $ Property, plant, and equipment (net) 1,820 1,800 Other assets 1,600 1.740 Total assets $13,190 $12,310 $ Liabilities and Stockholders' Equity Current Liabilities $3.262 $3.3405 Long term liabilities 1.274 1380 Stockholders' equity 8,6547590 Total abilities and stockholders equity $13.19 $12310 S b) Prepare a vertical analysis of the balance sheet data for Nike for 2022 NIKE, INC Condensed Balance Sheet (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets Current Assets $9.770 Property, plant, and equipment (net) 1,820 Other assets 1,600 Total assets $13.190 Liabilities and Stockholders' Equity Current Liabilities $3.262 Long-term Liabilities 1274 Stockholders' equity Total liabilities and stockholders' equity e Textbook and Media Save for Later Attempts: 0 of 3 used Send to Gradebook