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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.
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 eg.-45,-45% or parentheses eg (45), (45%). Round percentages to 1 decimal place, eg 12.3%) NIKE, INC. Condensed Balance Sheet $ in millions) Increase Percentage Change from 2019 2020 2019 (Decrease) Assets Current assets Property, plant & equipment (net) Other assets Total Assets 9,078 $8,900 $ 1,9571,900 1,410 1,500 $12,445 $12,300 $ Liabilities and Stockholders' Equity $2,970 $3,000 $ Current liabilities Long-term liabilities Stockholders' equity Total liabilities and Stockholders 1,358 1,400 8,117 7,900 $12,445 $12,300 $ Equity Prepare a vertical analysis of the balance sheet data for Nike for 2020. (Round percentages to 1 decimal place, eg. 12.3%) NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets Current assets Property, plant, and equipment (net) Other assets $9,078 1,957 1,410 $12,445 Total Assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity $2,970 1,358 8,117 Total liabilities and Stockholders Equity $12,445
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