Question: This entire question is one problem solving accounting homework problem which is part a and b part a is an entire question part b below

This entire question is one problem solving accounting homework problem which is part a and b

This entire question is one problem solving accounting homework problem which is

part a is an entire question

part a and b part a is an entire question part b

part b below is an entire question

below is an entire question Hypothetical balance sheets of Nike, Inc. are

Hypothetical balance sheets of Nike, Inc. are presented here. 2021 NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 Assets Current Assets $9.630 Property, plant, and equipment (net) 2,000 Other assets 1,530 Total assets $13,160 Liabilities and Stockholders' Equity Current Liabilities $3,240 Long-term liabilities 1,260 Stockholders' equity 8.630 Total liabilities and stockholders' equity $13.160 $8,860 1,860 1.610 $12.330 $3,390 1,290 7,650 $12,330 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, eg.-55,000, -20% or (55,000). (20%). Round percentages to 1 decimal place, eg. 12,5%) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Increase (Decrease) Percentage Change from 2021 Assets Current Assets $9.630 $8,860 %6 Property, plant, and equipment (net) 2.000 1,860 % Other assets 1,530 1,610 % Total assets $13.160 $12.330 $ 96 Liabilities and Stockholders' Equity $3,240 $3.390 Current Liabilities $ 96 96 Long-term liabilities 1,260 1.290 96 Stockholders' equity 8,630 7,650 96 Total liabilities and stockholders! equity $13,160 $ $12,330 (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets Current Assets $9.630 % Property, plant, and equipment (net) 2,000 % Other assets 1,530 % Total assets $13,160 Liabilities and Stockholders' Equity Current Liabilities $3,240 %6 1,260 Long-term Liabilities % 8,630 Stockholders' equity % $13,160 Total liabilities and stockholders' equity %

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