Question: Prepare a horizontal analysis of the balance sheet data for nike, using 2019 as a base. Show the amount of increase or decrease as well.

Prepare a horizontal analysis of the balance sheet data for nike, using 2019 as a base. Show the amount of increase or decrease as well. Enter amounts in millions. Enter negative amounts and percentages using either a negative sign preceding the number e.g. -45, -45% or parentheses eg. (45), (45%). Round percentages to decimal place, e.g. 12.3%.)

Prepare a horizontal analysis of the balance sheet data for nike, using

Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets Current assets $ 10,282 $ 9,700 Property, plant, and equipment (net) 1,768 1,700 Other assets 1,568 1,600 Total assets $13,618 $13,000 Liabilities and Stockholders' Equity Current liabilities $ 3,069 $ 3,100 Long-term liabilities 1,410 1,500 Stockholders' equity 9,139 8,400 Total liabilities and stockholders' equity $13,618 $13,000

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