E13-5 Suppose the comparative balance sheets of Nike, Inc. are presented here. NIKE, INC. Comparative Balance Sheets May 31 Assets Current assets Property, plant, and equipment (net) Other assets Total assets ($ in millions) 2017 $ 9,734 1,958 1,558 $13,250 2016 $ 8,839 $ 3,277 1,891 1,713 $12,443 $ 3,322 1,280 8,693 $13,250 1,296 7,825 $12,443 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity Instructions (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2016 as a base. (Show the amount of increase or decrease as well.) (b) Prepare a vertical analysis of the balance sheet data for Nike for 2017.