For Thursday, Apply the two-finger exercise to the Nike balance sheets below. You should prepare two separate writeups, one for each of the comparative BS. Balance Sheet NIKE, Inc All numbers in thousands Period Ending 5/31/2018 5/31/2017 5/31/2017 5/31/2016 Current Assets Cash And Cash Equivalents 4,249,000 3,808,000 441,000 3,808,000 3,138,000 670,000 Short Term Investments 996,000 2,371,000 (1,375,000) 2,371,000 2,319,000 52,000 Net Receivables 3,498,000 3,677,000 (179,000) 3,677,000 3,241,000 436,000 Inventory 5,261,000 5,055,000 206,000 5,055,000 4,838,000 217,000 Other Current Assets 1,130,000 1,150,000 (20,000) 1,150,000 1,489,000 (339,000) Total Current Assets 15,134,000 16,061,000 (927,000) 16,061,000 15,025,000 1,036,000 Property Plant and Equipment Goodwill Intangible Assets Deferred Inc Tax & Other Assets Total Assets 4,454,000 3,989,000 465,000 3,989,000 3,520,000 469,000 154,000 285,000 139,000 283,000 15,000 139,000 131,000 8,000 2,000 283,000 281,000 2,000 2,509,000 2,787,000 (278,000) 22,536,000 23,259,000 (723,000) 2,787,000 23,259,000 21,379,000 2,422,000 365,000 1,880,000 Current Liabilities Accounts Payable 2,279,000 2,048,000 231,000 2,048,000 2,191,000 (143,000) Short/Current Long Term Debt 3,810,000 3,802,000 8,000 3,802,000 2,083,000 1,719,000 Other Current Liabilities 677,000 552,000 125,000 552,000 578,000 (26,000) Total Current Liabilities 6,040,000 5,474,000 566,000 5,474,000 5,358,000 116,000 Long Term Debt Other Liabilities 3,468,000 3,471,000 (3,000) 3,471,000 1,993,000 1,478,000 3,216,000 1,907,000 1,309,000 1,907,000 1,770,000 137,000 12,724,000 10,852,000 1,872,000 10,852,000 9,121,000 1,731,000 Total Liabilities Stockholders' Equity Common Stock 3,000 PIC in excess of stated value 6,384,000 Accum other comp inc/(loss) (92,000) Retained Earnings 3,517,000 Total Stockholder Equity Total Liab and SH Equity 674,000 (213,000) 121,000 6,907,000 (3,390,000) 9,812,000 12,407,000 (2,595,000) 22,536,000 23,259,000 (723,000) 3,000 5,710,000 0 3,000 3,000 5,710,000 7,786,000 (2,076,000) (213,000) 318,000 (531,000) 6,907,000 4,151,000 12,407,000 12,258,000 23,259,000 21,379,000 1,880,000 2,756,000 149,000