Question: Exercise 9-5 (Part Level Submission) Suppose the comparative balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in


Exercise 9-5 (Part Level Submission) Suppose the comparative balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2017 2016 Assets Current Assets Property, plant, and equipment (net) Other assets Total asscts Liabilities and Stockholders Equity Current Liabilities Long-term iabilities Stockholders' equity Total liablities and stockholders' equity $13,250 $12,210 $9,800 $8,720 1,910 1,820 1,670 $13,250 $12,210 1,540 $3,150$3,370 1,280 1,310 8,820 7,530 Prepare a horizontal analysis of the balance sheet data for Nike, using 2016 as a base. (if amount and percentage are a decrease show the numbers as negative, e.g. 55 000 1 decimal place, e.g. 12.2%.) 2090 or (55,000 209 ). Round percentac
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