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Suppose the hypothetical comparatie condensad balance sheets of Nike, inczegrzanted here NIKE, INC Condensed Balance...

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Accounting

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Suppose the hypothetical comparatie condensad balance sheets of Nike, inczegrzanted here NIKE, INC Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets 9,630 S8.710 2,000 1.930 Property, plant, and equipment (net) Other assets 1,530 1,600 Total assets $13,160 $12.160 Liabilities and Stockholders' Equity Current Liabilities $3,240 $3.330 Long-term abilities 1.290 1.390 Stockholders' equity 8,630 7,440 Total liabilities and stockholders' equity $13,160 $12.160 (a) (a) X Your answer is incorrect Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. If amount and percentage are a decrease show the numbers as negative.es.-55.000.-20%or (55.000L (20%Round percentages to 1 decimal place, es 12.2% NIKE, INC Condensed Balance Sheet May 31 ($ in millions) Percentage Change from 2021 2022 Increase (Decrease) 2021 Assets Current Assets $9,630 $8.710 S Property, plant, and equipment (net) 2,000 1.950 Other assets 1530 1,600 Total asas $13,160 $12,160 Liabilities and Stockholders' Equity bodd dod! dodd dddd Current Liabilities $3,240 $3,330 S Long-term liabilities 1.290 1,390 36 Stockholders' equity 8,630 7,440 Total liabilities and stockholders' equity $13,160 $12,160 56

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