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Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets $ 9,191 2,163 1,568 $12,922 $ 9,100 2,100 1,600 $12,800 Current assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $3,201 1,235 8,486 $12,922 $3,300 1,300 8,200 $12,800 Condensed Balance Sheet May 31 ($ in millions) Increase 2019 (Decrease) 2020 Percentage Change from 2019 $9,191 $9,100 91 1 % Assets Current assets Property, plant & equipment (net) Other assets 2,163 2,100 63 3 % 1,568 1,600 -32 -2 % $12,922 $12,800 $ 122 .95 % Total Assets Liabilities and Stockholders' Equity Current liabilities $3,201 $3,300 -99 -3 % Long-term liabilities 1,235 1,300 -65 -5 % 8,486 8,200 286 3.5 % Stockholders' equity Total liabilities and Stockholders' Equity $12,922 $12,800 $ 122 95 % Prepare a vertical analysis or the arance sneeuata TU TIETOT ZUZU TROUT percentues to Impruce, eg. 12.370.) ht s! M NIKE, INC. Condensed Balance Sheet For the Year Ended May 31, 2020 $ (in millions) Percent Assets Current assets $9,191 % Property, plant, and equipment (net) 2,163 % Other assets 1.568 % $12,922 de Total Assets Liabilities and Stockholders' Equity Current liabilities $3.201 % Long-term liabilities 1,235 % 8,486 96 Stockholders' equity Total liabilities and Stockholders' Equity $12,922

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