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Hypothetical comparative condensed balance sheets of Nike, Inc. are presented here. (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021
Hypothetical comparative condensed balance sheets of Nike, Inc. are presented here. (a) 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 e.g. 45,45% or parentheses e.g. (45), (45\%). Round percentages to 1 decimal place, e.g. 12.3\%.) Prepare a vertical analysis of the balance sheet data for Nike for 2022. (Round percentages to 1 decimal place, e.g. 12.3\%.) Assets Current assets Property, plant, and equipment (net) Other assets Total Assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity Total liabilities and Stockholders' Equity $9,180 1,785 1,656 $12,621 $3,366 1,222 8,033 $12,621 % % % % % % % %
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