Question: please review part A and B part A part B Hypothetical balance sheets of Nike, Inc. are presented here. 2021 NIKE, INC. Condensed Balance Sheet


Hypothetical balance sheets of Nike, Inc. are presented here. 2021 NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 Assets Current Assets $9.500 Property, plant, and equipment (net) 1950 Other assets 1.530 Total assets $12.980 Liabilities and Stockholders' Equity Current Liabilities 53.200 Long-term liabilities 1.250 Stockholders' equity 8.530 $12.980 Total liabilities and stockholders' equity $8.880 1,830 1,640 S12.350 $3.300 1.270 7.780 $12.350 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (if amount and percentage area decrease show the numbers as negative, e.g. -55,000, -20% or (55.000). (20%). Round percentages to I decimal place, s. 12.5%) NIKE, INC. Condensed Balance Sheet May 31 MacBook An Question 1 of 5 - 77 E (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative. e.g. -55,000.-20% or (55,000). (20%). Round percentages to 1 decimal place, e.g. 12.5%.) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) Increase 2021 (Decrease) 2022 Percentage Change from 2021 Assets Current Assets $ $9,500 $8,880 Property, plant, and equipment 1.950 1830 1.330 1.640 Other assets $12350 $ $12.980 Total assets Liabilities and Stockholders Equity Current Liabilities $3.200 $3.300 $ 1.250 1.270 Long-term liabilities 8.530 7.780 Stockholders' equity Total abilities and stockholders equity 5 512.980 $12.350 MacBook Percent (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet May 31, 2022 $ (in millions) Assets Current Assets Property, plant, and equipment (net) Other assets $9.500 % 96 1.950 1.530 % $12.980 16 Total assets Liabilities and Stockholders' Equity Current Liabilities $3,200 1.250 Long-term Liabilities 8.530 Stockholders' equity $12.980 Total liabilities and stockholders' equity e Textbook and Media Attempts of 15 used Seto Lator MasBook
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