NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9,800...

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NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9,800 $8,720 Property, plant, and equipment (net) 1,910 1,820 Other assets 1,540 1,670 Total assets $13,250 $12.210 Liabilities and Stockholders' Equity Current Liabilities $3,277 $3,370 Long-term liabilities 1,280 1.310 Stockholders' equity 8,693 7,530 Total liabilities and stockholders' equity $13,250 $12.210 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, eg-55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, eg. 12.5%) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Increase (Decrease) Assets Current Assets $9,800 $8,720 $ 1080 Property, plant, and equipment 1,910 1,8201 (net) Other assets 1,540 1,670 Total assets Liabilities and Stockholders' Percentage Change from 2021 11.02 % 90 4.71 % (130) (8.44) % $13,250 $12,210 $ 1040 7.85 % Equity Current Liabilities $3,277 $3,370 $ (93) (2.84) % Long-term liabilities 1,280 1.310 (30) (2.34) % Stockholders' equity 8,693 7,530 1163 13.38 % NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9,800 $8,720 Property, plant, and equipment (net) 1,910 1,820 Other assets 1,540 1,670 Total assets $13,250 $12.210 Liabilities and Stockholders' Equity Current Liabilities $3,277 $3,370 Long-term liabilities 1,280 1.310 Stockholders' equity 8,693 7,530 Total liabilities and stockholders' equity $13,250 $12.210 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, eg-55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, eg. 12.5%) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Increase (Decrease) Assets Current Assets $9,800 $8,720 $ 1080 Property, plant, and equipment 1,910 1,8201 (net) Other assets 1,540 1,670 Total assets Liabilities and Stockholders' Percentage Change from 2021 11.02 % 90 4.71 % (130) (8.44) % $13,250 $12,210 $ 1040 7.85 % Equity Current Liabilities $3,277 $3,370 $ (93) (2.84) % Long-term liabilities 1,280 1.310 (30) (2.34) % Stockholders' equity 8,693 7,530 1163 13.38 %