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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 Current Assets $9,800 $8,720 Property, plant, and equipment (net) 1,910 1,820 Other assets 1,540 1,670 Total assets $13,250 $12,210 Liabilities and Stockholders' Equity Current Liabilities $3,150 $3,370 Long-term liabilities 1,280 1,310 Stockholders' equity 8,820 7,530 Total liabilities and stockholders' equity $13,250 $12.210 (a) C D ork -/1 Question 4 of 9 NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) Increase (Decrease) Percentage Change from 2021 2022 2021 Assets * Current Assets $9.800 $8,720 $ 36 Property, plant, and equipment (net) 1.910 1,820 Other assets 1.540 1,670 $13.250 Total assets $12.210 $ Liabilities and Stockholders' Equity $3.150 Current Liabilities $3,370 $ $ Long-term liabilities 1.280 1310 Stockholders' equity 8.820 7.530 Total liabilities and stockholders' equity $13.250 $12.210 $

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