Suppose the comparative balance sheets of Teal Mountain Inc.. are presented here.

TEAL MOUNTAIN INC. Condensed Balance Sheet May 31 ($ in millions)
		2020		2019
Assets
Current Assets		$9,600		$8,730
Property, plant, and equipment (net)		1,910		1,830
Other assets		1,470		1,620
Total assets		$12,980		$12,180
Liabilities and Stockholders' Equity
Current Liabilities		$3,200		$3,370
Long-term liabilities		1,310		1,330
Stockholders equity		8,470		7,480
Total liabilities and stockholders' equity		$12,980		$12,180

(a) Prepare a horizontal analysis of the balance sheet data for Teal Mountain, using 2019 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.)

TEAL MOUNTAIN INC. Condensed Balance Sheet May 31 ($ in millions)
		2020		2019		Increase (Decrease)		Percentage Change from 2019
Assets
Current Assets		$9,600		$8,730		$enter a dollar amount		enter percentages rounded to 1 decimal place	%
Property, plant, and equipment (net)		1,910		1,830		enter a dollar amount		enter percentages rounded to 1 decimal place	%
Other assets		1,470		1,620		enter a dollar amount		enter percentages rounded to 1 decimal place	%
Total assets		$12,980		$12,180		$enter a total amount		enter percentages rounded to 1 decimal place	%
Liabilities and Stockholders' Equity
Current Liabilities		$3,200		$3,370		$enter a dollar amount		enter percentages rounded to 1 decimal place	%
Long-term liabilities		1,310		1,330		enter a dollar amount		enter percentages rounded to 1 decimal place	%
Stockholders equity		8,470		7,480		enter a dollar amount		enter percentages rounded to 1 decimal place	%
Total liabilities and stockholders' equity		$12,980		$12,180		$enter a total amount		enter percentages rounded to 1 decimal place	%

(b) Prepare a vertical analysis of the balance sheet data for Nike for 2020.

TEAL MOUNTAIN INC. Condensed Balance Sheet choose the accounting period For the Month Ended May 31, 2020For the Year Ended May 31, 2020May 31, 2020
		$ (in millions)		Percent
Assets
Current Assets		$9,600		enter percentages	%
Property, plant, and equipment (net)		1,910		enter percentages	%
Other assets		1,470		enter percentages	%
Total assets		$12,980		enter percentages	%
Liabilities and Stockholders' Equity
Current Liabilities		$3,200		enter percentages	%
Long-term Liabilities		1,310		enter percentages	%
Stockholders equity		8,470		enter percentages	%
Total liabilities and stockholders' equity		$12,980		enter percentages	%