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Suppose the hypothetical comparative condensed balance sheets of Nike, Inc. are presented here. Prepare a horizontal analysis of the balance sheet data for Nike, using

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Suppose the hypothetical comparative condensed balance sheets of Nike, Inc. are presented here. Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decreose 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 Increasefrom2021 Assets Current Assets $9.800$8,760$ % Property, plant, and equipment (net) Other assets Total assets Liabilities and Liabilities and Stockholders' Equity is Current Liabilities $3.230$3.320$ Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity \begin{tabular}{rrr} 1,310 & 1,350 \\ \hdashline 8,780 & 7,660 \\ \hdashline & $13,320 & $12,330 \\ \hline \end{tabular} Attempts: 0 of 1 used Submit Answer Savetor Later

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