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Suppose the comparative balance sheets of Nike, Inc. are presented here. Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative

Suppose the comparative balance sheets of Nike, Inc. are presented here.

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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 $ 9,243 $ 7.900 1,962 1.800 Property, plant, and equipment (net) Other assets 1,463 1.900 Total assets $ $ 12,668 $ 11,600 Liabilities and Stockholders' Equity Current liabilities $ 3,465 $ 3,500 Long-term liabilities 1,164 1,200 Stockholders' equity 8,039 6.900 Total liabilities and stockholders' equity $ 12,668 $ 11,600 Prepare a horizontal analysis of the balance sheet data for Nike, using 2019 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 eg.-45, -45% or parentheses e.g. (45), (45%). Round percentages to 1 decimal place, eg. 12.3%) NIKE, INC. Condensed Balance Sheet ($ in millions) Increase (Decrease) Percentage Change from 2019 2020 2019 Assets Current assets $ 9.243 $ 7.900 $ % Property, plant & equipment (net) 1,962 1.800 % Other assets 1,463 1,900 % Total Assets $ 12,668 $ 11,600 $ $ % Liabilities and Stockholders' Equity Current liabilities $ 3,465 $ 3.500 $ $ % se Long-term liabilities 1,164 1,200 % Stockholders' equity 8.039 6.900 % TA Total liabilities and Stockholders' Equity $ 12,668 $ 11,600 $ $ % Prepare a vertical analysis of the balance sheet data for Nike for 2020. (Round percentages to 1 decimal place, e.g. 12.3%) NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets Current assets $ 9,243 % Property, plant, and equipment (net) 1.962 %6 Other assets 1.463 se Total Assets $ 12,668 6 % Liabilities and Stockholders' Equity Current liabilities $ 3,465 % Long-term liabilities 1,164 Stockholders' equity 8.039 % Total liabilities and Stockholders' Equity $ 12,668 % % se

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