Question
Suppose the hypothetical comparative condensed balance sheets of Nike, Inc. are presented here. uppose the hypothetical comparative condensed balance sheets of Nike, Inc. are presented
Suppose the hypothetical comparative condensed balance sheets of Nike, Inc. are presented here.
uppose the hypothetical comparative condensed balance sheets of Nike, Inc. are presented here.
NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) | ||||
---|---|---|---|---|
2022 | 2021 | |||
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 |
Prepare a vertical analysis of the balance sheet data for Nike for 2022. (Round percentages to 1 decimal place, e.g. 12.1%.)
NIKE, INC. Condensed Balance Sheet choose the accounting period May 31, 2022For the Year Ended May 31, 2022For the Month Ended May 31, 2022 | |||||
---|---|---|---|---|---|
$ (in millions) | Percent | ||||
Assets | |||||
Current Assets | $9,600 | enter percentages rounded to 1 decimal place | % | ||
Property, plant, and equipment (net) | 1,910 | enter percentages rounded to 1 decimal place | % | ||
Other assets | 1,470 | enter percentages rounded to 1 decimal place | % | ||
Total assets | $12,980 | enter total percentages rounded to 1 decimal place | % | ||
Liabilities and Stockholders' Equity | |||||
Current Liabilities | $3,200 | enter percentages rounded to 1 decimal place | % | ||
Long-term Liabilities | 1,310 | enter percentages rounded to 1 decimal place | % | ||
Stockholders equity | 8,470 | enter percentages rounded to 1 decimal place | % | ||
Total liabilities and stockholders' equity | $12,980 | enter total percentages rounded to 1 decimal place |
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