Kimmel, Survey of Accounting, le Help System Announcements 2016 NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2017 Assets Current Assets $9,670 Property, plant, and equipment (net) 1,900 Other assets 1,590 Total assets $13,160 Liabilities and Stockholders' Equity Current Liabilities $3,200 Long-term liabilities 1,270 Stockholders' equity 8,690 Total liabilities and stockholders' equity $13,160 $8,740 1,850 1,690 $12,280 $3,320 1,320 7,640 $12,280 Prepare a horizontal analysis of the balance sheet data for Nike, using 2016 as a base. (If amount and percenta (55,000). (20%). Round percentages to 1 decimal place, e.g. 12.2%.) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) Percentage Change from 2016 2017 Increase (Decrease) 2016 Assets Current Assets $9,670 $8,740 $ Property, plant, and equipment (net) 1,900 1,850 Other assets 1.590 1,690 Total assets $13,160 $12,280 20 F DDD FH YouTube Maps Return to Blackboard JS Kimmel, Survey of Accounting, le Help System Announcements Current Liabilities $3,200 $3,320 % 1,270 Long-term liabilities 1,320 % Stockholders' equity 8,690 7,640 % $13,160 Total liabilities and stockholders' equity $12,280 % LINK TO TEXT Prepare a vertical analysis of the balance sheet data for Nike for 2017. (Round percentages to 1 decimal place, e.g. NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets Current Assets $9,670 96 Property, plant, and equipment (net) 1,900 Other assets 1,590 Total asets $13,160 Liabilities and Stockholders' Equity Current Liabilities $3,200 96 Long-term Liabilities 1,270 Stoholders' equity 3,690 Total liabilities and stockholders' equity $13,160 >