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NIKE, INC. Condensed Balance Sheet May 31 ( $ in millions) 20222021 Increase Percentage (Decrease) Change from 2021 Assets Current Assets Property, plant, and equipment

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NIKE, INC. Condensed Balance Sheet May 31 ( $ in millions) 20222021 Increase Percentage (Decrease) Change from 2021 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 $9,520$8,720$ 2.0101,870 % % % % (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet $ (in millions) Percent 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 $9,520 2,010 1,550 $13,080 $3,210 1,210 8,660 $13,080 % % % % Hypothetical balance sheets of Nike, Inc. are presented here

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