Hypothetical comparative condensed balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheets...
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Hypothetical comparative condensed balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheets May 31 ($ in millions) 2027 2026 Assets Current assets $9,670 $8,740 Property, plant, and equipment (net) 1,900 1,850 Other assets 1,590 1,690 Total assets $13,160 $12,280 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $3,200 $3,320 1,270 1,320 8,690 7,640 $13,160 $12,280 Prepare a horizontal analysis of the balance sheet data for Nike, using 2026 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.2%.) NIKE, INC. Condensed Balance Sheets May 31 ($ in millions) 2027 2026 Amount Assets Current assets $9,670 $8,740 Property, plant, and 1,900 1,850 equipment (net) Other assets Increase or (Decrease) Percent % % 1,590 1,690 % Total assets $13,160 $12,280 $ % Liabilities and Stockholders' Equity Current liabilities $3,200 $3,320 $ % Long-term liabilities 1,270 1,320 % Stockholders' equity 8,690 7,640 % Total liabilities and stockholders' equity $13,160 $12,280 $ % Hypothetical comparative condensed balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheets May 31 ($ in millions) 2027 2026 Assets Current assets $9,670 $8,740 Property, plant, and equipment (net) 1,900 1,850 Other assets 1,590 1,690 Total assets $13,160 $12,280 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $3,200 $3,320 1,270 1,320 8,690 7,640 $13,160 $12,280 Prepare a horizontal analysis of the balance sheet data for Nike, using 2026 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.2%.) NIKE, INC. Condensed Balance Sheets May 31 ($ in millions) 2027 2026 Amount Assets Current assets $9,670 $8,740 Property, plant, and 1,900 1,850 equipment (net) Other assets Increase or (Decrease) Percent % % 1,590 1,690 % Total assets $13,160 $12,280 $ % Liabilities and Stockholders' Equity Current liabilities $3,200 $3,320 $ % Long-term liabilities 1,270 1,320 % Stockholders' equity 8,690 7,640 % Total liabilities and stockholders' equity $13,160 $12,280 $ %
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