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The comparative balance sheets of Nike, Inc
The comparative balance sheets of Nike, Inc. are presented here.
Comparative Balance Sheets ($ IntllVons)
Assets 2000 2008 current assets $ 9,734 $ 8,839 Property, plant, and equipment (net) Other assets 1,958 1,558 1,891 1,713 Total assets $13350 $12,443 Liabilities and Stockholders' Equity Current liabilities 3,277 $ 3,322 Long-term liabilities Stockbolders' equity 1,280 8,693 1,296 7 825 Total liabilities and stockholders' equity $13 250 $12,443 Instructions
(a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2008 as a base.
(Show the amount of increase or decrease as well.)
(b) Prepare a vertical analysis of the balance sheet data for Nike for 2009.
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