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Hypothetical balance sheet of Nike, Inc. are presene NIKE, INC. Condensed Balance Sheet May 31 ($in millions) 2022 2021 39,400 2.050 1.540 $12.190 53,700 1.840

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Hypothetical balance sheet of Nike, Inc. are presene NIKE, INC. Condensed Balance Sheet May 31 ($in millions) 2022 2021 39,400 2.050 1.540 $12.190 53,700 1.840 1740 $12,280 Assets Current Asset Property, plant, and equipment (net) Other acts Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term labies Stockholders auty Total abilities and stockholders culty 52.220 1.300 8.670 $13.490 52.340 1.230 7.610 $12.280 X2 Precarea hortzontalnalysis of the bence sheet data for Nike, using 2013 baxt.famount and percentage are a decrease show the numbers as negative es-55.000,-20or (55.0001.(2039. Round percentages to 1 decimal place. es 12.5%) NIKE, INC Condensed Balance Sheet May 31 (s in milions) Percentage 2022 2021 Increase (Decrease) Change from 2021 Assets Current Assets $9,500 53,700 Property, plant, and 2,050 1,340 ccuipment (net) Other cats 1540 1,740 Totalets $13,190 $12,250 Liabilities and Stockholders' Equity Current Liabilities 53.220 33,340 $ Long-term labilities 1.300 1330 Stockholders uity 8.670 7.610 Total abilities and stockholders eculty $12.190 $12,280 X Prepare a vertical analys of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet S (in millions Percent Assets Current Assets Property, plant, and equipment (net) Other sets $9,500 2.050 1.540 $13,190 Total acts Liabilities and Stockholders' Equity Current abilities Long-term Lisbites Stockholders outy $3,220 1.300 8,670 Total abilities and stockholders uity $12.190

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