Solution-Prepare a horizontal analysis of the balance sheet

Prepare a horizontal analysis of the balance sheet data

Assignment Help Accounting Basics

Reference no: EM132432164

Question - Suppose the comparative balance sheets of Nike, Inc. are presented here.

Nike, Inc. Comparative Balance Sheets May 31 ($ in millions)
	2020	2019
Assets
Current assets	$9,243	$7,900
Property, plant, and equipment (net)	1,962	1,800
Other assets	1,463	1,900
Total assets	$12,668	$11,600
Liabilities and Stockholders' Equity
Current liabilities	$3,465	$3,500
Long-term liabilities	1,164	1,200
Stockholders' equity	8,039	6,900
Total liabilities and stockholders' equity	$12,668	$11,600

(a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2019 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 2020.

Reference no: EM132432164

Questions Cloud

Prepare a statement of comprehensive income : An unrealized loss of $76,000 on available-for-sale securities. Prepare a statement of comprehensive income, beginning with income from continuing operations

Enter a telephone number expressed in letters : Compose a program that prompts the user to enter a telephone number expressed in letters (or digits and letters) and outputs the corresponding telephone number

Role of a parameterized type in function templates : What is the role of a parameterized type in function templates? May I have an example that illustrates specifying a parameterized type for a function template.

Soc 3362 - sociology of religion in india assignment : SOC 3362 - SOCIOLOGY OF RELIGION IN INDIA Assignment help and solutions:- Discuss how religious conversions can impact the social fabric of Indian society

Prepare a horizontal analysis of the balance sheet data : Prepare a horizontal analysis of the balance sheet data for Nike, using 2019 as a base. (Show the amount of increase or decrease as well.)

Implement the euclid algorithm in c : Implement the Euclid algorithm in C++ (or Java). After that, add the code to display the number of modulus operation(s) for the numbers m and n in the ranges

NAB business work in terms of operations : How would your NAB business work in terms of operations (production, inventory control, distribution, customer service, research and development, etc.)?

Shipment in the minimum number of containers : The Greedy Ringy Manufacturing Company makes a common household item called a doflingy. The Greedy Ringy Doflingy shipping clerk is faced

Write a program to implement and test two functions : Write a C++ program to implement and test two functions: SwapP and SwapR. Swapp swaps the values of two integer variables using pass-by-pointer

User Account

All Pages

Prepare a horizontal analysis of the balance sheet data

Reference no: EM132432164

Reference no: EM132432164

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT