Y Question 2 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 $ 9,628 $ 8,300 Property, plant, and equipment (net) 1,972 1,700 Other assets 1,476 1,800 Total assets $13,076 $11,800 Llabilities and Stockholders' Equity Current liabilities $ 3,267 $ 3,300 Long-term liabilities 1,222 1,300 Stockholders' equity 8,587 7,200 Total liabilities and stockholders' equity $13,076 $11,800 (a) SOURCES aded CALCULATOR BACK NEX 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 in millions. Enter negativ amounts and percentages using either a negative sin preceding the number .g. -45,45% or parentheses g. (45), (45%). Round percentages to 1 decimal place, ..g. 12.3%) NIKE, INC Condensed Balance Sheet in millions) by Study 2020 2019 Increase (Decrease) Percentage Change from 2019 Assets Current $9,628 $8,300 $ Property, plant & equipment (het) 1,972 1,700 Other assets 1,476 1.800 Total Assets $13,076 $11,800 $ Labilities and Stockholders' Equity Ourrent 53.267 $3,300 Long-term labs 1.222 1,300 Stockholders outy 3,587 7,200 Total liabilities and Stockholders' Equity 513,070 $11,000 CALCULATOR (b) ES Prepare a vertical analysis of the balance sheet data for Nike for 2020. (Round percentages to I decimal place, ag. 12.3%) NIKE, INC. Condensed Balance Sheet $ (In millions) Percent dy Assets Current assets $9,628 % Property, plant, and equipment (net) 1,972 % Other assets 1,476 % Total Assets $13,076 Llabilities and Stockholders' Equity Current liabilities $3,267 % Long-term liabilities 1,222 % Stockholders' equity 8,587 Total liabilities and Stockholders' Equity $13,076