s Question 2 Suppose the comparative balance sheets of Nike, Inc. are presented here. dy. 2019 Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 Assets Current assets $ 9,243 Property, plant, and equipment (net) 1,962 Other assets 1,463 Total assets $12,668 Liabilities and Stockholders' Equity Current liabilities $ 3,465 Long-term liabilities 1,164 Stockholders' equity 8,039 Total liabilities and stockholders' equity $12,668 $ 7,900 1,800 1,900 $11,600 $ 3,500 1,200 6.900 $11,600 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2019 as a base. (Show the amount of inc negative amounts and percentages using either a negative sign preceding the number e.g. -45,-45 decimal place, e.g. 12.3%) NIKE, INC Condensed Balance Sheet here to search NIKE, INC. Condensed Balance Sheet (sin millions) 2020 2019 Increase (Decrease) Percentage Change from 2019 Assets Current assets $9,243 $7,900 $ 96 Property, plant & equipment (net) 1,962 1,800 96 Other assets 1,463 1.900 96 Total Assets $12.668 $11,600 $ 96 Liabilities and Stockholders' Equity Current liabities $3,465 $3,500 5 95 Long-term liabilities 1.164 1.200 Stockholders equity 8,039 6.900 $11,500 $12.668 Total liabilities and Stockholders' Equity (b) Prepare a vertical analysis of the balance sheet data for Nike for 200 (Bendicarse toestel decimal 22 ere to search 8 NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets $9,243 % Current assets 1,962 % Property, plant, and equipment (net) 1,463 Other assets % $12,668 % Total Assets Liabilities and Stockholders' Equity Current liabilities $3,465 Long-term tablities 1,164 Stockholders equity 8.039 512.668 Total liabilities and Stockholders Equity Tipe nese to each o