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Suppose the comparative balance sheets of Nike, Inc. are presented here. 2019 Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 Assets Current
Suppose the comparative balance sheets of Nike, Inc. are presented here. 2019 Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 Assets Current assets $ 9,486 Property, plant, and equipment (net) 2,124 Other assets 1,674 Total assets $13,284 Liabilities and Stockholders' Equity Current liabilities $ 3,564 Long-term liabilities 1,188 Stockholders' equity 8,532 Total liabilities and stockholders' equity $13,284 $ 9,300 1,800 1,800 $12,900 $3,600 1,200 8,100 $12,900 NIKE, INC. Condensed Balance Sheet ($ in millions Increase 2019 (Decrease) Percentage Change from 2019 2020 Assets Current assets $9,486 $9,300 $ % Property, plant & equipment (net) 2,124 1,800 % Other assets 1,674 1,800 % Total Assets $13,284 $12,900 $ % Liabilities and Stockholders' Equity Current liabilities $3,564 $3,600 $ % Long-term liabilities 1,188 1,200 % Stockholders' equity 8,532 8,100 % Total liabilities and Stockholders' Equity $13,284 $12,900 $ % NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets Current assets $9,486 % Property, plant, and equipment (net) 2,124 % Other assets 1,674 % Total Assets $13,284 % Liabilities and Stockholders' Equity Current liabilities $3,564 % Long-term liabilities 1,188 % Stockholders' equity 8,532 % Total liabilities and Stockholders' Equity $13,284 %
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