Reference no: EM132983793
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.