Prepare a horizontal analysis of the balance sheet data for Nike, using 2024 as a base. (If amount and percentage are a decrease show the numbers as negative, eg-55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, eg. 12.5%) NIKE, INC. Condensed Balance Sheets May 31 ($ in millions) Increase or (Decrease) 2025 2024 Amount Percent ent Assets $9,600 $8,790 $ 810 9.2 % erty, plant, and equipment (net) 1,810 1,800 10 0.6 % rassets 1,580 1,710 -130 -7.6 % assets $12.990 $12,300 $ 690 5.6 % ties and Stockholders' Equity ent Liabilities -term liabilities $3,170 $3,300 $ -130 -3.9 % 1,230 1,390 -160 -115 % kholders' equity 8,590 7,610 980 12.9 % liabilities and stockholders' equity $12,990 $12,300 $ 690 5.6 % eTextbook and Media Attempts: 1 of 6 used (b) Prepare a vertical analysis of the balance sheet data for Nike for 2025. (Round percentages to 1 decimal place, eg. 12.5%) NIKE, INC. Condensed Balance Sheet May 31, 2025 Assets Current Assets Property, plant, and equipment (net) Other assets $ (in millions) Percent $9,600 % 1,810 % 1,580 Assets NIKE, INC. Condensed Balance Sheet May 31, 2025 Current Assets Property, plant, and equipment (net). Other assets Total assets Liabilities and Stockholders' Equity $ (in millions) Percent $9,600 % 1,810 % 1,580 % $12,990 % $3,170 % Current Liabilities Long-term Liabilities 1,230 Stockholders' equity 8,590 Total liabilities and stockholders' equity $12,990