Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets Current assets $ 9,734 $8,839 1,958 1,891 Property, plant, and equipment (net) Other assets 1,558 1,713 Total assets $13,250 $12.443 Liabilities and Stockholders' Equity Current liabilities $3,277 $3,322 Long-term liabilities 1.280 1.296 8,693 7.825 Stockholders' equity Total liabilities and stockholders' equity $13,250 $12.443 stion 2 of 3 > -/1 repare a horizontal analysis of the balance sheet data for Nike, using 2019 as a base. (Show the amount of increase or decrease as EIL.) (Enter amounts in millions. Enter negative amounts and percentages using elther a negative sign preceding the number eg, -45,-45% or mrentheses eg. (45),(45%). Round percentages to 1 decimal place, eg. 12.3%) NIKE, INC. Condensed Balance Sheet ($ in millions) 2020 2019 Increase (Decrease) Percentage Change from 2019 $9.734 $8,839 $ 16 1,958 1,891 % 1,558 1.713 % Assets Current assets Property, plant & equipment (net) Other assets Total Assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities $13,250 $12,443 $ 96 $3,277 $3,322 $ 90 1.280 1,296 96 Stockholders' equity 8,693 7,825 Total liabilities and Stockholders' Equity $13,250 $12,443 $ Question 2 of 3 - / 1 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 $9.734 % 1.958 % Property, plant, and equipment (net) Other assets 1,558 % $13,250 % Total Assets Liabilities and Stockholders' Equity Current liabilities % $3,277 % 1.280 Long-term liabilities 8,693 56 Stockholders' equity Total liabilities and Stockholders' Equity $13,250