The comparative balance sheets of Nike, Inc. are presented here. Instructions(a) Prepare a horizontal analysis of the
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The comparative balance sheets of Nike, Inc. are presented here.
Instructions(a) Prepare a horizontal analysis of the balance sheet data for Nike using 2006 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 2007.
Transcribed Image Text:
Nike, Inc. Comparative Balance Sheets 31-May (S in millions) Amount 2007 Amount 2006 Particulars Assets Current assets Property, plant, and equipment (net) Other assets Total assets 8,076 | S 1,678 | S 934 | S 7,346 1,658 866 10,688 | S 9,870 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity 2,584 S 1,079 S 7,025 S 10,688 S 2,612 973 6,285 9,870
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Related Book For
Accounting Tools for Business Decision Making
ISBN: 978-1118128169
5th edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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