Question: Please help with red boxes. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets Current assets $ 9,191 $ 9.100 Property,

Please help with red boxes.
Please help with red boxes. Nike, Inc. Comparative Balance Sheets May 31
($ in millions) 2020 2019 Assets Current assets $ 9,191 $ 9.100
Property, plant, and equipment (net) 2,163 2,100 Other assets 1,568 1,600 Total

Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets Current assets $ 9,191 $ 9.100 Property, plant, and equipment (net) 2,163 2,100 Other assets 1,568 1,600 Total assets $12,922 $12,800 Liabilities and Stockholders' Equity Current liabilities $3,201 $3,300 Long-term liabilities 1,235 1,300 Stockholders' equity 8,486 8,200 Total liabilities and stockholders' equity $12,922 $12,800 NIKE, INC. Condensed Balance Sheet For the Year Ended May 31 ($ in millions) 2020 2019 Increase (Decrease) Percentage Change from 2019 Assets Current assets $9.191 $9.100 $ 91 1 % Property, plant & equipment (net) 2,163 2,100 63 3 % Other assets 1,568 1,600 -32 2 % Total Assets $12,922 $12,800 $ 122 2 96 Liabilities and Stockholders' Equity Current liabilities $3,201 $3,300 99 3 se Long-term liabilities 1,235 1,300 65 5 % Stockholders' equity 8.486 8,200 286 3.5 96 Total liabilities and Stockholders' Equity $12.922 $12,800 $ 122 4.5 % Prepare a vertical analysis of the balance sheet data for Nike for 2020. (Round percentages to 1 decimal place, e.g. 1 NIKE, INC. Condensed Balance Sheet For the Year Ended May 31, 2020 $ (in millions) Percent Assets Current assets $9,191 71.1 % Property, plant, and equipment (net) 2,163 16.7 % Other assets 1,568 12.1 % Total Assets $12,922 100 % Liabilities and Stockholders' Equity Current liabilities $3,201 24.8 % Long-term liabilities 1,235 9.2 de Stockholders' equity 8,486 65.7 % Total liabilities and Stockholders' Equity $12.922 100 %

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