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Current Attempt in Progress Hypothetical balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022
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 $9,520 $8,720 Property, plant, and equipment (net) 2.010 1,870 Other assets 1,550 1610 Total assets $13,080 $12.200 Liabilities and Stockholders' Equity Current Liabilities $3,210 $3,320 Long-term liabilities 1,210 1.290 Stockholders' equity 8.660 7.590 Total liabilities and stockholders' equity $13.080 $12.200 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, e.s.-55,000, -20% or (55,000), (20%), Round percentages to 1 decimal place, es. 12.5%) su NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9.520 $8,720 $ Property, plant, and equipment 2010 1870 (net) Other assets Total assets 1.550 1,610 $13,000 $12.200 $ Liabilities and Stockholders' Equity Current Liabilities $3,210 $3.320 $ Long-term liablites 1.210 1290 Stockholders' equity 1660 7590 Total abilities and stockholders $13,080 $12.200 equity Increase (Decrease) Percentage Change from 2021 %6 SUPPORT (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022 NIKE, INC. Condensed Balance Sheet Assets $ (in millions) Percent Current Assets $9.520 Property, plant, and equipment (net) 2010 Other assets 1,550 Total assets Liabilities and Stockholders' Equity Current Liabilities $13,080 % $3,210 1.210 Long-term Liabilities Stockholders' equity 8.660 Total abilities and stockholders' equity $13,000 SUP
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