Question 5 of 10 < > Current Attempt in Progress Hypothetical balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9,550 $8,900 Property, plant, and equipment (net) 2,050 1,850 Other assets 1,480 1,730 Total assets $13,080 $12,480 Liabilities and Stockholders' Equity Current Liabilities $3,230 $3,330 Long-term liabilities 1,270 1,300 Stockholders' equity 8,580 7,850 Total liabilities and stockholders' equity $13,080 $12,480 Mach a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, eg -55,000, -20% or (55,000); 20%). Round percentages to 1 decimal place, e.g. 12.5%) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9,550 $8,900 Property, plant, and equipment (net) 2,050 1,850 Other assets 1,480 1,730 Total assets $13,080 $12.480 $ Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities $3,230 $3,330 $ 1.270 1.300 Increase (Decrease) Percentage Change from 2021 % Property, plant, and equipment (net) 2.050 1850 Other assets 1,480 1,730 Total assets $13,080 $12,480 $ N Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities $3,230 $3.330 $ 1.270 1,300 Stockholders' equity 8,580 7,850 Total liabilities and stockholders $13,000 $12,480 $ equity (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022 NIKE, INC. Condensed Balance Sheet Assets s (in millions) Percent Assets Current Assets NIKE, INC. Condensed Balance Sheet Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term Liabilities Stockholders equity $ (in millions) Percent $9,550 2.050 1,480 % $13,080 % $3,230 % 1,270 % 8,580 Total liabilities and stockholders' equity $13,080 %