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Suppose the comparative balance sheets of Nike, Inc. are as follows. (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021

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Suppose the comparative balance sheets of Nike, Inc. are as follows. (a) Prepare a 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 negotive, eg 55,000,20% or (55,000), (20\%). Round percentages to 1 decimal place, es. 12.1\%, Percentage Change Liabilities and Stockholders' Equity Current Liabilities $2.976$3.025$ Long-term liabilities 1,1761,193 Stockholders' equity 7,8487,048 Total liabilities and stockholder' equity NIKE, INC. Condensed Balance Sheet Liabilities and Stockholders' Equity \begin{tabular}{l|r|r|r|} \hline Current Liabilities & $2,976 & % \\ \hline Long-term Liabilities & 1,176 & % \\ \hline Stockholders' equity & 7,848 & % \\ \hline Total liabilities and stockholders' equity & $12,000 & % \\ \hline \end{tabular}

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