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I hope you give me the explanation in detail. Hypothetical balance sheets of Nike, Inc. are presented here. (a) Prepare a horizontal analysis of the

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Hypothetical 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. (If amount and percentage are a decreose show the numbers as negative, es. 55,000,20% or (55,000), (20\%). Round percentages to 1 decimal place, eg. 12.5\%) NHEE, WC. Condensed Balance Sheet May 31 ( $ in millions) Assets Current Assets $9,880$8,900$ % Property, plant, and equipment (net) 1,8401,800 Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities % \%. (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. Assets Current Assets Property, plant, and equipment (net) $9,880 % Other assets Total assets Liabilities and Stockholders" Equity Current Labilities $3.260 Long-term Liabilites 1,250 Stockholders' equity Total liabilities and stockholders' equity

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