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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

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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 assets $ 9,840 $8,200 1.802 1,700 Property, plant, and equipment (net) Other assets 1,615 1,700 Total assets $13,257 $11,600 $ 3,366 $3,400 Liabilities and Stockholders'Equity Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity 1,344 1,400 8.547 6,800 $13,257 $11,600 Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (Show the amount of increase or decrease as well.) (Enter amounts in millions. Enter negative amounts and percentages using either a negative sign preceding the number eg.-45.-45% or parentheseses (45).(45%). Round percentages to 1 decimal place. eg. 12.3%) NIKE, INC. Condensed Balance Sheet ($ in millions) Percentage Change from 20 2022 Increase (Decrease) 2021 Assets Current assets $9.940 $8,200 S Property, plant & equipment (net) 1.902 1,700 Other assets 1,615 1,700 Total Assets $13,257 $11,600 S Liabilities and Stockholders' Equity Current liabilities $2,266 $3,400 S Long-term liabilities 1,344 1,400 Stockholders' equity 8,547 6,900 Total liabilities and Stockholders' Equity $13,257 $11,600 S (b) Prepare a vertical analysis of the balance sheet data for Nils for 2022. (Round percentages to 1 decimal place, eg 12.3%) NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets Current assets $9.840 96 Property, plant, and equipment (net) 1.802 Other assets 1,615 Total Assets $13,257 96 Liabilities and Stockholders' Equity Current liabilities $3,366 Long-term liabilities 1,344 96 Stockholders' equity 2,547 Total liabilities and Stockholders' Equity S13,257

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