(b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets Current Assets $9,550 Property, plant, and equipment (net) 2,050 Other assets 1,480 Total assets $13,080 Liabilities and Stockholders' Equity Current Liabilities $3,230 Long-term Liabilities 1,270 Stockholders' equity 8,580 Total liabilities and stockholders' equity $13,080 eTextbook and Media Save for Later to search F3 F4 F5 F6 F7 F8 F9 PrtSc F10 F11 F12 23 & 96 %24

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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(b) Prepare a vertical analysis of the balance sheet data for Nike for 2022.
NIKE, INC.
Condensed Balance Sheet
$ (in millions)
Percent
Assets
Current Assets
$9,550
Property, plant, and equipment (net)
2,050
Other assets
1,480
Total assets
$13,080
Liabilities and Stockholders' Equity
Current Liabilities
$3,230
Long-term Liabilities
1,270
Stockholders' equity
8,580
Total liabilities and stockholders' equity
$13,080
eTextbook and Media
Save for Later
to search
F3
F4
F5
F6
F7
F8
F9
PrtSc
F10
F11
F12
23
&
96
%24
Transcribed Image Text:(b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets Current Assets $9,550 Property, plant, and equipment (net) 2,050 Other assets 1,480 Total assets $13,080 Liabilities and Stockholders' Equity Current Liabilities $3,230 Long-term Liabilities 1,270 Stockholders' equity 8,580 Total liabilities and stockholders' equity $13,080 eTextbook and Media Save for Later to search F3 F4 F5 F6 F7 F8 F9 PrtSc F10 F11 F12 23 & 96 %24
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