Hypothetical balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9.880 $8,810 Property, plant, and equipment (net) 1,940 1,830 Other assets 1,580 1.700 Total assets $13,400 $12,340 Liabilities and Stockholders' Equity Current Liabilities $3,300 $3,300 Long-term liabilities 1,250 1,290 Stockholders' equity 8.750 7.750 Total liabilities and stockholders' equity $13,400 $12,340 ure.comcourses/201911/assignments/2976400 module Hemd5819355 Cal Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (lamount and percentage are a decrease show the numbers as negative..-55.000,-20% or (55.0001.(20%). ROL place, s. 12.5) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Increase (Decrease) Percentage Change from 2016 Assets Current Assets Property, plant, and equipment (net) $9.880 $8.810 5 1,940 1,830 1,580 1,700 $13,400 $12,340 $ Liabilities and Stockholders' Equity $3,300 $ $3,300 1.250 Long-term bites 1.290 8,750 7.750 Stockholders' equity Total liabilities and stockholders equity $13.400 $12,3405 (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet $ (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 1.250 des Stockholders' equity 8.750 de Total liabilities and stockholders' equity $13,400 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show the numbers as place, eg. 12.5%) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Increase (Decrease) Percentage Change from 2016 Assets Current Assets Property, plant, and equipment (net) $9,880 $8,810 $ 1.940 1,830 1,580 1.700 $13,400 $12,340 Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities $3,300 $3,300 $ Long-term liabilities 1,250 8.750 1,290 7.750 Stockholders' equity Total liabilities and stockholders' equity $13,400 $12,340 Hypothetical balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9.880 $8,810 Property, plant, and equipment (net) 1,940 1,830 Other assets 1,580 1.700 Total assets $13,400 $12,340 Liabilities and Stockholders' Equity Current Liabilities $3,300 $3,300 Long-term liabilities 1,250 1,290 Stockholders' equity 8.750 7.750 Total liabilities and stockholders' equity $13,400 $12,340 ure.comcourses/201911/assignments/2976400 module Hemd5819355 Cal Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (lamount and percentage are a decrease show the numbers as negative..-55.000,-20% or (55.0001.(20%). ROL place, s. 12.5) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Increase (Decrease) Percentage Change from 2016 Assets Current Assets Property, plant, and equipment (net) $9.880 $8.810 5 1,940 1,830 1,580 1,700 $13,400 $12,340 $ Liabilities and Stockholders' Equity $3,300 $ $3,300 1.250 Long-term bites 1.290 8,750 7.750 Stockholders' equity Total liabilities and stockholders equity $13.400 $12,3405 (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet $ (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 1.250 des Stockholders' equity 8.750 de Total liabilities and stockholders' equity $13,400 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show the numbers as place, eg. 12.5%) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Increase (Decrease) Percentage Change from 2016 Assets Current Assets Property, plant, and equipment (net) $9,880 $8,810 $ 1.940 1,830 1,580 1.700 $13,400 $12,340 Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities $3,300 $3,300 $ Long-term liabilities 1,250 8.750 1,290 7.750 Stockholders' equity Total liabilities and stockholders' equity $13,400 $12,340
