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Hypothetical balance sheets of Nike. Inc. are nrecented haro (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a

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Hypothetical balance sheets of Nike. Inc. are nrecented haro (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 num. NIKE, INC. Condensed Balance Sheet May 31 ( $ in millions) Percentage Change from 2021 Assets Current Assets $9,800$8,760$ Property, plant, and equipment (net) 1,9701,800 Other assets Total assets Liabilities and Stockholders' Equity Current Liabillies 1,550=$13,3201.770= Long-term labilities $3,294$3.320$ Stockholders' equity Total liabilties and stockholders' equity (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet Assets Current Assets $ (in millions) Percent Property, plant, and equipment (net) 1,970 % Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities $3,294 \% Long-term Liabilities 1,287 % Stockholders' equity Total liabilities and stockholders' equity

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