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.)

b. Prepare a vertical analysis of the balance sheet data for Nike for 2020.

Prepare horizontal and vertical analyses.

E13.6 (LO 2) Here are the comparative income statements of Delaney Corporation.

Delaney Corporation Comparative Income Statements For the Years Ended December 31
		2020		2019
Net sales		$598,000		$500,000
Cost of goods sold		477,000		420,000
Gross profit		121,000		80,000
Operating expenses		80,000		44,000
Net income		$41,000		$36,000