Prepare a vertical analysis of balance sheet data for nike

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Nike, Inc.Comparative Balance SheetsMay 31($ in millions)

                                                              2020                   2019

Assets

Current assets                                $ 9,102            $ 8,200

Property, plant, and equipment (net)    1,890                  1,800

Other assets                                     1,653                   1,900

Total assets                                       $ 12,645                  $ 11,900

Liabilities and Stockholders' Equity

Current liabilities                                     $ 3,564                     $ 3,600

Long-term liabilities                                   1,164                        1,200

Stockholders' equity                                   7,917                        7,100

Total liabilities and stockholders' equity         $ 12,645                   $ 11,900

Problem 1: Prepare a vertical analysis of the balance sheet data for Nike for 2020.

Problem 2: Prepare a horizontal analysis of the balance sheet data for Nike, using 2019 as a base.

Reference no: EM132983793

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