Hypothetical balance sheets of Nike, Inc. are presented here.

NIKE, INC. Condensed Balance Sheet May 31 ($ in millions)
		2022		2021
Assets
Current Assets		$9,510		$8,770
Property, plant, and equipment (net)		1,961		1,800
Other assets		1,580		1,790
Total assets		$13,051		$12,360
Liabilities and Stockholders' Equity
Current Liabilities		$3,228		$3,400
Long-term liabilities		1,261		1,340
Stockholders equity		8,562		7,620
Total liabilities and stockholders' equity		$13,051		$12,360

(b) Prepare a vertical analysis of the balance sheet data for Nike for 2022.

NIKE, INC. Condensed Balance Sheet choose the accounting period For the Year Ended May 31, 2022May 31, 2022For the Month Ended May 31, 2022
		$ (in millions)		Percent
Assets
Current Assets		$9,510		%
Property, plant, and equipment (net)		1,961		%
Other assets		1,580		%
Total assets		$13,051		%
Liabilities and Stockholders' Equity
Current Liabilities		$3,228		%
Long-term Liabilities		1,261		%
Stockholders equity		8,562		%
Total liabilities and stockholders' equity		$13,051		%