Business, 18.12.2019 18:31 alanadwhite48

Exercise 13-5 suppose the comparative balance sheets of nike, inc. are presented here. nike, inc. condensed balance sheet may 31 ($ in millions) 2017 2016 assets current assets $9,600 $8,730 property, plant, and equipment (net) 1,910 1,830 other assets 1,470 1,620 total assets $12,980 $12,180 liabilities and stockholders' equity current liabilities $3,200 $3,370 long-term liabilities 1,310 1,330 stockholders’ equity 8,470 7,480 total liabilities and stockholders' equity $12,980 $12,180 (a) prepare a horizontal analysis of the balance sheet data for nike, using 2016 as a base.

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Exercise 13-5 suppose the comparative balance sheets of nike, inc. are presented here. nike, inc. co...

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