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Hypothetical comparative condensed balance sheets of Nike, Inc. are presented here. Nike, Inc. Condensed Balance Sheets May 31 ($ in millions) 2022 2021 Assets Current
Hypothetical comparative condensed balance sheets of Nike, Inc. are presented here. Nike, Inc. Condensed Balance Sheets May 31 ($ in millions) 2022 2021 Assets Current assets $ 10,179 $8,700 Property, plant, and equipment (net) 1,890 1,800 Other assets. 1,404 1,800 Total assets $13,473 $12,300 Liabilities and Stockholders' Equity Current liabilities $3,564 $3,600 Long-term liabilities 1,344 1,400 Stockholders' equity 8,565 7,300 Total liabilities and stockholders' equity $13,473 $12,300 number e.g. -45,-45% of parenthe Assets NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Increase (Decrease) Current assets $10,179 $8,700 Property, plant & equipment (net) 1,890 1,800 90 Other assets 1,404 1,800 Total Assets $13,473 $12,300 Liabilities and Stockholders' Equity Current liabilities $3,564 $3,600 Long-term liabilities 1,344 1,400 Stockholders' equity 8.565 7,300 Total liabilities and Stockholders' $13,473 $12,300 $ Equity Percentage Change from 202: Prepare a vertical analysis of the balance sheet data for Nike for 2022. (Round percentages to 1 decimal place, e.g. 12.3% NIKE, INC. Condensed Balance Sheet Assets $ (in millions) Percent Current assets Property, plant, and equipment (net) $10,179 1,890 Other assets 1,404 % Total Assets $13,473 % Liabilities and Stockholders' Equity Current liabilities $3,564 % Long-term liabilities 1,344) % Stockholders' equity 8,565 % Total liabilities and Stockholders' Equity $13,473 % eTextbook and Media 8
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