US Support Question 1 View Policies Current Attempt in Progress Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets Current assets $ 9,682 $9.400 Property, plant, and equipment (net) 2,125 1.700 Other assets 1.568 1,600 Total assets $13,375 $12,700 Liabilities and Stockholders' Equity Current liabilities $3,038 $3,100 Long-term liabilities 1.248 1,300 Stockholders' equity 9.089 8.300 Total liabilities and stockholders' equity $13,375 $12.700 Prepare a horizontal analysis of the balance sheet data for Nike, using 2019 as a base. (Show the amount of increase or decrease as well) (Enter amounts millions. Enter negative amounts and percentages using either a negative sign preceding the number e.g. -45, -45% or parentheses e s. (45), (45 Round percentages to 1 decimal place, e-3. 12.3%.) NIKE, INC. Condensed Balance Sheet ($ in millions) 2020 2019 Increase (Decrease) Percentage Change from 2019 Assets Current assets $ $9,682 2.125 $9.400 1.700 Property, plant & equipment (net) Other assets 1.568 1.600 Total Assets $13,375 $12,700 S Liabilities and Stockholders' Equity Current liabilities $3,038 $3,100 $ Long-term liabilities 1.248 1,300 Stockholders' equity 9,089 8,300 Total liabilities and Stockholders' Equity $13,375 $12.700 S Prepare a vertical analysis of the balance sheet data for Nike for 2020. (Round percentages to 1 decimal place, e.g. 12.3%.) NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets $9.682 Current assets 2.125 Property, plant, and equipment (net) Other assets 1.568 Total Assets $13,375 Liabilities and Stockholders' Equity Current liabilities $3.038 Long-term liabilities 1,248 Stockholders' equity 9,089 Total liabilities and Stockholders' Equity $13,375