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Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 $10.248 1,890 1,395 $13,533 $ 8,400 1,800 1,500 $11,700 Assets Current assets Property,

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Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 $10.248 1,890 1,395 $13,533 $ 8,400 1,800 1,500 $11,700 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 $ 3,465 1,261 8.807 $13,533 $3,500 1,300 6.900 $11,700 Prepare a horizontal analysis of the balance sheet data for Nike, using 2019 as a base. (Show the amount of increase or decrease as well.) (Enter am parentheses e.g. (45), (45%). Round percentages to 1 decimal place, e.g. 12.3%.) NIKE, INC. Condensed Balance Sheet ($ in millions) 2020 2019 Increase (Decrease) Percentage Change from 2019 Assets Current assets 510,248 58,400 Property, plant & equipment (net) 1,890 1,800 Other assets 1,395 1,500 Total Assets $13,533 511,700 Liabilities and Stockholders' Equity Current liabilities 53,465 $3,500 Long-term abilities 1,261 1,300 Stockholders equity 8,807 6.900 Total liabilities and Stockholders' Equity $13,533 511,700 (b) Prepare a vertical analysis of the balance sheet data for Nike for 2020. (Round percentages to 1 decimal place, e.g. 12.396.) NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets Current assets $10,248 Property, plant, and equipment (net) 1,890 Other assets 1,395 Total Assets $13,533 Liabilities and Stockholders' Equity Current liabilities 53,465 Long-term abilities 1,261 Stockholders equity 8,807 Total liabilities and Stockholders' Equity $13,533 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT

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