Question: Hi I need help, I've gotten it wrong twice already and I only have one more chance Suppose the comparative balance sheets of Nike, Inc.

Hi I need help, I've gotten it wrong twice already and I only have one more chance

Hi I need help, I've gotten it wrong twiceHi I need help, I've gotten it wrong twiceHi I need help, I've gotten it wrong twiceHi I need help, I've gotten it wrong twice
Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Condensed Balance Sheet May 31 ($ in millions) Assets Current Assets $9,800 $8,760 Property, plant, and equipment (net) 1,970 1,800 Other assets 1,550 1,770 Total assets $13,320 $12,330 Liabilities and Stockholders' Equity Current Liabilities $3,230 $3,320 Long-term liabilities 1,310 1,350 Stockholders' equity 8,780 7,660 Total liabilities and stockholders' equity $13,320 $12,330 (a) Prepare a horizontal analysis ofthe balance sheet data for Nike, using 2019 as a base. (if amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.) Assets Current Assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity May 31 ($ in millions) $9,800 $8,760 $ 1040 I I 11.9% I 1,970 1,800 170 I I 9.4% I 1,550 1,770 7220 $13,320 $12,330 $ 990 8 $3,230 $3,320 $ 2e| 1,310 1,350 563 74.7 8,780 7,660 1079| 14.1 $13,320 $12,330 $ 990 I 8.0 I % % % % % % % % Assets Current Assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $9,800 $8,760 1040 12 1,970 1,800 170 l 9 1,550 1,770 7220 -12 $13,320 $12,330 990 8 $3,230 $3,320 90 l -3 | 1,310 1,350 40 ,3 8,780 7,660 1120 $13,320 $12,330 990 3.0 % % % % % % % % A B B.'A Increase Percentage Change 2020 2019 (Decrease) from 2019 Assets Current Assets 3 9,800 5 8,760 5 1,040 11.9% Property, plant and equipment [net] 5 1,970 5 1,800 5 170 9.4% Other assets 5 1,550 5 1,770 5 -220 42.4% Total Assets 5 13,320 5 12,330 5 990 8.0% Liabilities and Stockholder's Equity Current Liabilities 5 3,230 5 3,320 5 -90 -2.7% Long-term liabilities 5 1,310 5 1,350 5 -40 -3.0% Stockholders' Equity 5 8,730 5 7,660 5 1,120 14.6% Total liabilities and stockholders' equity S 13,320 5 12,330 5 990 8.0%

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