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I want to know solving process too! Thanks in advance :) Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative

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Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets Current assets $ 9,180 $ 9,000 Property, plant, and equipment (net) 1,785 1,700 Other assets 1,656 1,800 Total assets $12,621 $12,500 Liabilities and Stockholders' Equity Current liabilities $ 3,366 $3,400 Property, plant, and equipment (net) 1,785 Other assets 1,656 1,800 Total assets $12,621 $12,500 Liabilities and Stockholders' Equity Current liabilities $ 3,366 $3,400 Long-term liabilities 1,222 1,300 Stockholders' equity 8,033 7,800 Total liabilities and stockholders' equity $12,621 $12,500 a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2019 as a base. (Show the amount of increase or decrease as well.) (Enter amounts in millions. Enter negative amounts and percentages using either a negative sign preceding the number e.g. -45, -45% or parentheses e.g. (45), (45%). Round percentages to 1 decimal place, e.g. 12.3%.) Prepare a horizontal analysis of the balance sheet data for Nike, using 2019 as a base. (Show the amount of increase or decrease as well.) (Enter amounts in millions. Enter negative amounts and percentages using either a negative sign preceding the number e.g. -45, -45% or parentheses e.g. (45), (45%). Round percentages to 1 decimal place, e.g. 12.3%.) NIKE, INC. Condensed Balance Sheet ($ in millions) Increase (Decrease) Percentage Change from 2019 2020 2019 Assets Current assets $9,180 $9,000 % Property, plant & equipment (net) 1,785 1,700 % Other assets 1,656 1,800 % Total Assets $12,621 $12,500 $ % Liabilities and Stockholders' Equity Current liabilities $3,366 $3,400 $ % Long-term liabilities 1.222 1,300 % Stockholders' equity 8,033 7,800 % Total liabilities and Stockholders' Equity $12,621 $12,500 $ % (b) Prepare a vertical analysis of the balance sheet data for Nike for 2020. (Round percentages to 1 decimal place, e.g. 12.3%.) NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets Current assets $9,180 % Property, plant, and equipment (net) 1,785 % Other assets 1,656 % Total Assets $12,621 % Other assets 1,656 % Total Assets $12,621 % Liabilities and Stockholders' Equity Current liabilities $3,366 % Long-term liabilities 1,222 % Stockholders' equity 8,033 % Total liabilities and Stockholders' Equity $12,621 %

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