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Suppose the comparative balance sheets of Windsor, Inc.. are presented here. WINDSOR, INC. Condensed Balance Sheet May 31 ($ in millions) 2019 2018 Assets Current
Suppose the comparative balance sheets of Windsor, Inc.. are presented here. WINDSOR, INC. Condensed Balance Sheet May 31 ($ in millions) 2019 2018 Assets Current Assets $9,520 $8,800 Property, plant, and equipment (net) 1,990 1,810 Other assets 1,590 1,610 Total assets $13,100 $12,220 Liabilities and Stockholders' Equity Current Liabilities $3,220 $3,390 Long-term liabilities 1,260 1,340 Stockholders' equity 8,620 7,500 Total liabilities and stockholders' equity $13,100 $12,220 (a) Prepare a horizontal analysis of the balance sheet data for Windsor, using 2018 as a base. (If amount and percentage are a decrease show the numbers as negative, eg -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%) (a) Prepare a horizontal analysis of the balance sheet data for Windsor, using 2018 as a base. (If amount and percentage are a decrease show the numbers as negative, eg.-55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%) WINDSOR, INC. Condensed Balance Sheet May 31 ($ in millions) 2019 2018 Assets Current Assets $9,520 $8,800 $ Property, plant, and 1,990 1,810 equipment (net) Other assets Percentage Increase (Decrease) Change from 2013 96 96 1,590 1,610 96 $13,100 $12,220 $ 96 Total assets Liabilities and Stockholders' Equity Current Liabilities $3,220 $3,380 $ 96 Long-term liabilities 1,260 1,340 96 Stockholders' equity 8,620 7,500 96 Total liabilities and stockholders' equity $13,100 $12,220 96 (b) Prepare a vertical analysis of the balance sheet data for Nike for 2019. WINDSOR, INC. Condensed Balance Sheet Assets Current Assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term Liabilities Stockholders' equity $ (in millions) Percent $9,520 1,990 1,590 $13,100 96 96 3 $3,220 96 1,260 8,620 96 Total liabilities and stockholders' equity $13,100 96
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