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Draw up a horizontal analysis of the balance sheet data

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Reference no: EM132499754

Hypothetical balance sheets of Nissy Inc. are presented here.

                                           2022                             2021

Assets

Current Assets                         $9,630                      $8,860

PPE (net)                               2,000                           1,860

Other assets                               1,530                       1,610

Total assets                             $13,160                       $12,330

Liabilities and Stockholders' Equity

Current Liabilities                         $3,240                       $3,390

Long-term liabilities                      1,230                        1,290

Stockholders' equity                   8,630                           7,650

Total liab& stkholders' eqty                  $13,160                   $12,330

Question (a) Draw up a horizontal analysis of the balance sheet data for Nissy Inc, using 2021 as a base, showing the increase/decrease and percentage change. If the amount and percentage are a decrease, show the numbers as negative. Round percentages to 1 decimal place.

Question (b) Draw up a vertical analysis of the balance sheet data for Nike for 2022.

Reference no: EM132499754

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