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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

image text in transcribedimage text in transcribedimage text in transcribed 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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