Show Transcribed Text Assets Current Assets Total liabilities and stockholders' equity Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities Stockholders' equity Assets Current Assets Other assets Total assets 2025 $9,630 Long-term Liabilities 2,020 Property, plant, and equipment (net) Stockholders' equity 1,540 $13,190 $3,262 holders' entity $13,190 1.274 Liabilities and Stockholders' Equity Current Liabilities 8,654 2024 $8,790 1,860 1,780 $12,430 $3,400 1,350 7,680 $12,430 NIKE, INC. Condensed Balance Sheet May 31, 2025 $ (in millions) $9,630 2,020 1,540 $13,1 $13,190 $ $3,262 1.274 $ 8,654 S $ Amount Prepare a vertical analysis of the balance sheet data for Nike for 2025. (Round percentages to 1 decimal place, e.g. 12.5%) Increase or (Decrease) 840 160 -240 760 -138 Percent -76 974 760 % % % % % % Percent % 9.5 8.6 -13.5 6.1 -4.1 -5.6 12.7 6.1

Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter17: Financial Statement Analysis
Section: Chapter Questions
Problem 2PEA
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Oo.52.

Subject:- Account 

Assets
Hypothetical comparative condensed balance sheets of Nike, Inc. are presented here.
Assets
Current assets
Total assets
Property, plant, and equipment (net)
Other assets
Other assets
Total assets
y Transcribed Text
Current Assets
Liabilities and Stockholders' Equity
Current liabilities
Long-term liabilities
Stockholders' equity
Total liabilities and stockholders' equity
Property, plant, and equipment (net)
Liabilities and Stockholders' Equity
Current Liabilities
Long-term liabilities
Stockholders' equity
Show Transcribed Text
Assets
Current Assets
Nike, Inc.
Condensed Balance Sheets
May 31
($ in millions)
holders' entity
Other assets
Total assets
Current Liabilities
2025
Long-term Liabilities
$9,630
Stockholders' equity
Property, plant, and equipment (net)
2,020
1,540
$13,190
Liabilities and Stockholders' Equity
1,274
$13,190
8,654
2024
$3,262 $3,400
1,860
1,780
$12,430
$8,790 $
1,350
7,680
$12,430
NIKE, INC.
Condensed Balance Sheet
May 31, 2025
$ (in millions)
$9,630
2,020
1,540
$13,190
1,540
$13,190
2025
$9,630
$3,262
1.274
$13,190
8,654
2,020
$
1,274
8,654
$3,262 $3,400
1,350
$
2024
$
$8,790
1,860
1,780
$12,430
Amount
7,680
$12,430
Prepare a vertical analysis of the balance sheet data for Nike for 2025. (Round percentages to 1 decimal place, e.g. 12.5%)
Increase or
(Decrease)
840
160
-240
760
138
Percent
-76
974
760
%
%
%
%
%
Percent
%
9.5
8.6
-13.5
6.1
4.1
-5.6
12.7
6.1
Transcribed Image Text:Assets Hypothetical comparative condensed balance sheets of Nike, Inc. are presented here. Assets Current assets Total assets Property, plant, and equipment (net) Other assets Other assets Total assets y Transcribed Text Current Assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity Property, plant, and equipment (net) Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities Stockholders' equity Show Transcribed Text Assets Current Assets Nike, Inc. Condensed Balance Sheets May 31 ($ in millions) holders' entity Other assets Total assets Current Liabilities 2025 Long-term Liabilities $9,630 Stockholders' equity Property, plant, and equipment (net) 2,020 1,540 $13,190 Liabilities and Stockholders' Equity 1,274 $13,190 8,654 2024 $3,262 $3,400 1,860 1,780 $12,430 $8,790 $ 1,350 7,680 $12,430 NIKE, INC. Condensed Balance Sheet May 31, 2025 $ (in millions) $9,630 2,020 1,540 $13,190 1,540 $13,190 2025 $9,630 $3,262 1.274 $13,190 8,654 2,020 $ 1,274 8,654 $3,262 $3,400 1,350 $ 2024 $ $8,790 1,860 1,780 $12,430 Amount 7,680 $12,430 Prepare a vertical analysis of the balance sheet data for Nike for 2025. (Round percentages to 1 decimal place, e.g. 12.5%) Increase or (Decrease) 840 160 -240 760 138 Percent -76 974 760 % % % % % Percent % 9.5 8.6 -13.5 6.1 4.1 -5.6 12.7 6.1
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