Question
How do i calculate the Percentages for vertical analysis? of the balance sheet data for Nike for 2017. (Round percentages to 1 decimal place, e.g.
How do i calculate the Percentages for vertical analysis?
of the balance sheet data for Nike for 2017.(Round percentages to 1 decimal place, e.g. 12.1%.)
NIKE, INC.
Condensed Balance Sheet
For the Year Ended May 31, 2017
For the Month Ended May 31, 2017
May 31, 2017
$ (in millions)
Percent
Assets
Current Assets
$9,880
%
Property, plant, and equipment (net)
1,940
%
Other assets
1,580
%
Total assets
$13,400
%
Liabilities and Stockholders' Equity
Current Liabilities
$3,300
%
Long-term Liabilities
1,350
%
Stockholders' equity
8,750
%
Total liabilities and stockholders' equity
$13,400
%
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