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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

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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 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 horizontal analysis of the balance sheet data for Nike, using 2021 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, eg. 12.2%) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) Percentage Change from 2021 Increase (Decrease) 2022 2021 Assets Current Assets $ 9,730 $ 8,880 S 96 Property, plant, and equipment (net) 1,870 1,840 96 Other assets 1.470 1,780 96 Total assets $ 13,070 $ 12.500 $ 96 Liabilities and Stockholders' Equity Current Liabilities $ 3.160 $3,330 $ %6 Long-term liabilities 1,330 1,370 96 Stockholders' equity 8.580 7,800 96 Total liabilities and stockholders' equity S 13,070 $ 12,500 $ 96

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