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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 $ 11,520
Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 $ 11,520 2,070 1,536 $15,126 $ 9,600 1,800 1,600 $13,000 Assets Current assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $ 3,136 1,176 10,814 $ 3,200 1,200 8,600 $13,000 $15,126 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 $11.520 % Property, plant, and equipment (net) 2,070 Other assets 1,536 9 $15,126 Total Assets Liabilities and Stockholders' Equity Current liabilities $3,136 % Long-term liabilities 1,176 Stockholders' equity 10,814 % Total liabilities and Stockholders' Equity $15,126
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