I NEED HELP SETTING UP AN VERTICAL & HORIZONTAL ANALYSIS BALANCE SHEET 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 $ 10,179 $ 8,700 Property, plant, and equipment (net) 1,890 1,800 Other assets 1,404 1,800 Total assets $13,473 $12,300 Liabilities and Stockholders’ Equity Current liabilities $ 3,564 $ 3,600 Long-term liabilities 1,344 1,400 Stockholders’ equity 8,565 7,300 Total liabilities and stockholders’ equity $13,473 $12,300
I NEED HELP SETTING UP AN VERTICAL & HORIZONTAL ANALYSIS BALANCE SHEET Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets Current assets $ 10,179 $ 8,700 Property, plant, and equipment (net) 1,890 1,800 Other assets 1,404 1,800 Total assets $13,473 $12,300 Liabilities and Stockholders’ Equity Current liabilities $ 3,564 $ 3,600 Long-term liabilities 1,344 1,400 Stockholders’ equity 8,565 7,300 Total liabilities and stockholders’ equity $13,473 $12,300
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 98.3C
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I NEED HELP SETTING UP AN VERTICAL & HORIZONTAL ANALYSIS
Suppose the comparative balance sheets of Nike, Inc. are presented here.
Nike, Inc.
Comparative Balance Sheets May 31 ($ in millions) |
||||
---|---|---|---|---|
2020
|
2019
|
|||
Assets | ||||
Current assets
|
$ 10,179 | $ 8,700 | ||
Property, plant, and equipment (net)
|
1,890 | 1,800 | ||
Other assets
|
1,404 | 1,800 | ||
Total assets
|
$13,473 | $12,300 | ||
Liabilities and |
||||
Current liabilities
|
$ 3,564 | $ 3,600 | ||
Long-term liabilities
|
1,344 | 1,400 | ||
Stockholders’ equity
|
8,565 | 7,300 | ||
Total liabilities and stockholders’ equity
|
$13,473 | $12,300 |
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