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Hypothetical comparative condensed balance sheets of Nike, Inc. are presented here. Nike, Inc. Condensed Balance Sheets May 31 ($ in millions) 2025 2024 Assets
Hypothetical comparative condensed balance sheets of Nike, Inc. are presented here. Nike, Inc. Condensed Balance Sheets May 31 ($ in millions) 2025 2024 Assets Current assets $9,880 $8,900 Property, plant, and equipment (net) 1,840 1,800 Other assets 1,530 1,620 Total assets $13,250 $12,320 Liabilities and Stockholders' Equity Current liabilities $3,260 $3,380 Long-term liabilities 1,250 1,300 Stockholders' equity 8,740 7,640 Total liabilities and stockholders' equity $13,250 $12,320 Prepare a vertical analysis of the balance sheet data for Nike for 2025. (Round percentages to 1 decimal place, eg. 12.5%) NIKE, INC. Condensed Balance Sheet Assets Current Assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity May 31, 2025 $ (in millions) $9,880 Percent 1,840 96 1,530 % $13,250 Current Liabilities Long-term Liabilities $3,260 1,250 % Stockholders' equity 8,740 %
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