Hypothetical balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 Assets Current Assets $9,800 $8,720 Property, plant, and equipment (net) 1.910 1,820 Other assets 1.540 1,670 $13,250 Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities $3,277 1,280 8,693 $13,250 $3,370 1,310 7,530 $12,210 Stockholders' equity Total liabilities and stockholders' equity (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g.-55,000,-20% or (55,000). (20%). Round percentages to 1 decimal place, es. 12.5%) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) Percentage (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 negative, e.g.-55,000, 20% or (55,000). (20%). Round percentages to 1 decimal place, c.8. 12.5%.) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Increase (Decrease) na Percentage Change from 2021 Assets Current Assets $9,800 1,910 $8,720 $ 1,820 * Property, plant, and equipment (net) Other assets 1.5404 1,670 * * Total assets $13,250 $12,210 Liabilities and Stockholders' Current Liabilities $3,277 Long-term liabilities 1,280 $3,370 1,310 7,530 8,693 Stockholders' equity Total liabilities and stockholders' equity $13,250 $12,210 $ (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet (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 $9,800 * Property, plant, and equipment (net) 1.910 Other assets 1,540 dele Total assets $13,250 Liabilities and Stockholders' Equity Current Liabilities $3,277 Long-term Liabilities 1,280 del sede del Stockholders' equity 8,693 Total liabilities and stockholders' equity $13,250 e Textbook and Media