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Suppose the hypothetical comparative condensed balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021
Suppose the hypothetical comparative condensed balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets $9.730 $8.880 1,870 1,840 1.470 1.780 $ 13,070 $ 12,500 Current Assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities Stockholders' equity $3,160 $ 3.330 1.330 1.370 8.580 7.800 Tota abilities and stockholders' equity $ 13,070 $ 12,500 Prepare a vertical analysis of the balance sheet data for Nike for 2022. (Round percentages to 1 decimal place, eg 12.1%) NIKE, INC. Condensed Balance Sheet Percent Assets May 31, 2022 For the Year Ended May 31, 2022 For the Month Ended May 31, 2022 $9.730 Current Assets % Property, plant, and equipment (net) 1,870 96 Other assets 1.470 % Total assets $ 13,070 %6 Liabilities and Stockholders' Equity Current Liabilities $ 3,160 Long-term Liabilities 1.330 26 Stockholders' equity 8,580 % Total liabilities and stockholders' equity $ 13,070 %6
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