NIKE, INC.

Condensed Balance Sheet

May 31

($ in millions)

2022 2021

Assets

Current Assets $9,630 $8,790

Property, plant, and equipment (net) 2,020 1,860

Other assets 1,540 1,780

Total assets $13,190 $12,430

Liabilities and Stockholders' Equity

Current Liabilities $3,262 $3,400

Long-term liabilities 1,274 1,350

Stockholders' equity 8,654 7,680

Total liabilities and stockholders' equity $13,190 $12,430

(a) Prepare horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.5%.)

NIKE, INC.

Condensed Balance Sheet

May 31

($ in millions)

2021 2022

Increase Change from 2021

(Decrease)

Assets

Current Assets $9,630 $8,790% %

Property, 2020 1860 %

plant, and

equipment

(net)

Other assets 1,540 1,780 %

Total assets $13,190 $12,430 %

Insert the increase or decrease and percentage

Liabilities and Stockholders'

Equity

Current Liabilities $3,262 $3,400 %

Long-term liabilities 1,274 1,350 %

Stockholders' equity 8,654 7,680 %

Total liabilities and stockholders'

equity $13,190 $12,430 %

(b) Prepare vertical analysis of the balance sheet data for Nike for 2022.

NIKE, INC.

Condensed Balance Sheet

choose the accounting period below

(May 31, 2022 or for the year ended May 2022 or for the month ended May 22, 2022)

Assets

Current Assets $9,630 %

Property, plant, and equipment (net) 2,020 %

Other assets 1,540 %

Total assets $13,190 %

Liabilities and Stockholders' Equity

Current Liabilities $3,262 %

Long-term Liabilities 1,274 %

Stockholders' equity 8,654 %

Total liabilities and stockholders' equity $13,190 %