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This entire question is one problem solving accounting homework problem which is part a and b part a is an entire question part b below

This entire question is one problem solving accounting homework problem which is part a and b

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part a is an entire question

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part b below is an entire question

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Hypothetical balance sheets of Nike, Inc. are presented here. 2021 NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 Assets Current Assets $9.630 Property, plant, and equipment (net) 2,000 Other assets 1,530 Total assets $13,160 Liabilities and Stockholders' Equity Current Liabilities $3,240 Long-term liabilities 1,260 Stockholders' equity 8.630 Total liabilities and stockholders' equity $13.160 $8,860 1,860 1.610 $12.330 $3,390 1,290 7,650 $12,330 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, eg.-55,000, -20% or (55,000). (20%). Round percentages to 1 decimal place, eg. 12,5%) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Increase (Decrease) Percentage Change from 2021 Assets Current Assets $9.630 $8,860 %6 Property, plant, and equipment (net) 2.000 1,860 % Other assets 1,530 1,610 % Total assets $13.160 $12.330 $ 96 Liabilities and Stockholders' Equity $3,240 $3.390 Current Liabilities $ 96 96 Long-term liabilities 1,260 1.290 96 Stockholders' equity 8,630 7,650 96 Total liabilities and stockholders! equity $13,160 $ $12,330 (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets Current Assets $9.630 % Property, plant, and equipment (net) 2,000 % Other assets 1,530 % Total assets $13,160 Liabilities and Stockholders' Equity Current Liabilities $3,240 %6 1,260 Long-term Liabilities % 8,630 Stockholders' equity % $13,160 Total liabilities and stockholders' equity %

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