Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

wypothetical comparative condensed balance sheets Of Nien me are presented here Nike, Inc. Condensed Balance Sheets May 31 (5 in millions) 2022 2021 Assets Current

image text in transcribed
image text in transcribed
image text in transcribed
wypothetical comparative condensed balance sheets Of Nien me are presented here Nike, Inc. Condensed Balance Sheets May 31 (5 in millions) 2022 2021 Assets Current assets $10.400 $ 8.000 2,020 2.000 1615 1.700 $14.035 $11.700 Property, blant and equipment (net) Other assets Totales Liabilities and Stockholders' Equity Current abilities Long term liabilities Stockholders' equity Tutal liabilities and stockholders equity $3,035 32.100 1300 1.287 9.710 7.300 $14035 $11.700 (a) Prepare a horizontal analysis of the balance sheet data for Nikit, usine 2021 as a base (show the amount of increase or decrease as well) Enter amounts in millions Entert amounts and percentages using either a nepotive sin penting the numbers-45-45% or parenthes (451,645. Round percentages to 1 dec 12.9%) NIKE, INC. Condensed Balance Sheet For the Year Ended Hay ($ in millions) Tricrease 2022 2021 (Decrease) Percentage Change from 202 Pre honor the balance sheet data for Nikon 2021 a base (show the amount of increase or decreases willements in milion events and pray either pecing the number 45-65 preses 1451.640. Round percentage de 12.3% NIKE, INC. Condensed Balance Sheet For the Year Ended May 1 (sin million) Increase 2022 2021 (Decrease) Percentage Change from 202 Assets Current $10.400 50.000 5 Property.ponte (1) 2.000 Otheast 1615 Total Assets 5140 511700 5 29 tibilities and stockholders' Equity Current $100 . Long to this Stockholders' equity Total abilities and Stockholders Equity 710 514,035 $11.700 besar wil walvised the balance sheet duttore 2022. Round percentages to 1 decine place as 12.9%) ib) Prepares vertical analysis of the balance sheet data for oiketor 2022. Round percentages to 1 decimal place, as 12.3%) NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets Current assets 510 400 Property, plant, and equipment (net) 2.000 X Other 1615 Total Assets 514.035 Liabilities and stockholders' Equity Current abilities $3.03 1207 Long term labitie Stockholders equiry 9.710 Total liabilities and Stockholders' Equity 514,035 Tandarts

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting For Executives And MBAs

Authors: Wallace, Simko, Ferris

4th Edition

1618531980, 9781618531988

More Books

Students also viewed these Accounting questions

Question

Whether the board has jurisdiction to conduct an election.

Answered: 1 week ago