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Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (Show the amount of increase or decrease as well.)
Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 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 e.g. \45,45 or \\( p c \\) Hypothetical comparative condensed balance sheets of Nike, Inc. are presented here. (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 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 e.g. \45,45 or parentheses e.g. (45), (45\\%). Round percentages to 1 decimal place, e.g. 12.3\\%.) (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. (Round percentages to 1 decimal place, e.g. 12.3\\%.) 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 \\( \\$ 9,102 \\) 1,890 1,653 \\( \\$ 12,645 \\) \\( \\$ 3,564 \\) 1,164 7,917 \\( \\$ 12,645 \\) \ \ \ \ \ \ \ \
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