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, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.5%)
Exercise 13-05
Hypothetical balance sheets of Nike, Inc. are presented here.
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Order Paper NowNIKE, INC. Condensed Balance Sheet May 31 ($ in millions)
(a) 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, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.5%)
NIKE, INC. Condensed Balance Sheet May 31 ($ in millions)
(b) Prepare a vertical analysis of the balance sheet data for Nike for 2022.
NIKE, INC. Condensed Balance Sheet
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