Prepare a vertical analysis of the balance sheet data


Problem

2022- 2021 Assets

Current Assets$9,630$8,710
Property, plant, and equipment (net)2,000/1,850
Other assets1,530/1,600
Total assets$13,160/$12,160

Liabilities and Stockholders' Equity

Current Liabilities$3,240/$3,330
Long-term liabilities1,290/1,350
Stockholders' equity8,6307,540
Total liabilities and stockholders' equity$13,160/$12,160

• Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base.

• Prepare a vertical analysis of the balance sheet data for Nike for 2022.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Financial Accounting: Prepare a vertical analysis of the balance sheet data
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