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Hypothetical balance sheets of Nike, Inc. are presented here. (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 presented here. (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 negatlve eg 55,00020K or (55.000) 120\%). Round oercentoses to 1 decimal nace eg 125%W NIKE, INC. Condensed Balance Sheet May 31 ( $ in millions) Assets Current Assets $9,630$8,710+$ Property, plant, and equipment (net) 2,0001,850 Other assets Total assets Liabilities and Stockholders" Equity Current Liabilities $3.240$3.330$ Long-term llabilities 1,2901.350 Stockholders' equity Total liabilities and stockholders' equity (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022

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