ect: Horizontal and Vertical Analysis Question 1 of 3 Hypothetical balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) to search 2022 2021 Assets Current Assets $9,880 $8,900 Property, plant, and equipment (net) 1,840 1,800 Other assets 1,530 1,620 Total assets $13.250 $12,320 Liabilities and Stockholders' Equity Current Liabilities $3,260 $3,380 hp tion.wiley.com/was/ui/v2/asse ject: Horizontal and Vertical Analysis Question 1 of 3 Other assets Total assets Liabilities and Stockholders' Equity 1,530 1,620 $13,250 $12,320 Current Liabilities $3,260 $3,380 Long-term liabilities 1,250 1,300 Stockholders' equity 8,740 7,640 Total liabilities and stockholders' equity $13,250 $12,320 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 20. the numbers as negative, eg. -55,000, -20% or (55,000), (20%). Round percentag NIKE, INC. Condensed Balance May 31 ($ in millions) to search Question 1 of 3 < < -/50 E (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, eg. -55,000, -20% or (55,000), (20% ). Round percentages to 1 decimal place, e.g. 12.5%) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9,880 $8,900 $ Property, plant, and equipment 1,840 1,800 (net) Other assets 1,530 1,620 ere to search O T Percentage Increase (Decrease) Change from 2021 Chp 70F % Horizontal and vertical Analysis Question 1 of 3 < > Current Assets $9,880 $8,900 $ Property, plant, and equipment 1,840 (net) 1,800 Other assets 1,530 1,620 Total assets $13,250 $12,320 $ -/50 H Equity Current Liabilities $3,260 $3,380 $ % Long-term liabilities 1,250 1,300 96 Liabilities and Stockholders' search Stockholders' equity Total liabilities and stockholders' equity 8,740 7,640 $13,250 $12.320 $ hp 70F Project: Horizontal and Vertical Analysis Question 1 of 3 > Total assets Liabilities and Stockholders' $13,250 $12,320 $ Equity Current Liabilities. Long-term liabilities $3,260 $3,380 $ 1,250 1,300 Stockholders' equity 8,740 7,640 Total liabilities and stockholders' $13,250 $12,320 $ equity (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet to search Chp -/50 96 % ** % 8 70F Question 1 of 3 alysis > (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet Type here to search Assets Current Assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity $ (in millions) Percent $9,880 1,840 %6 1,530 $13,250 96 Chp Question 1 of 3 < > Current Assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term Liabilities Stockholders' equity Total liabilities and stockholders' equity to search in $9,880 % 1,840 % 1,530 $13,250 $3,260 de de % % 1,250 8,740 $13,250 hp se -15