Balance Sheet | ||||
2020 | 2019 | Increase(Decrease) | % Change | |
Assets | ||||
Current Assets | 10692 | 8100 | 2592 | 32.00% |
Property, plant | 1938 | 1900 | 38 | 2.00% |
Other Assets | 1504 | 1600 | -96 | -6.00% |
Total Assets | 14134 | 11600 | 2534 | 21.84% |
Liabilities and Equity | ||||
Current Liabilities | 3564 | 3600 | -36 | -1.00% |
Long term Liabilities | 1358 | 1400 | -42 | -3.00% |
Equity | 9212 | 6600 | 2612 | 39.58% |
Total Liabilities and Equity | 14134 | 11600 | 2534 | 21.84% |
Under vertical analysis, all numbers are expressed as a % of Total Assets | ||||
2020 | Percent | |||
Assets | ||||
Current Assets | 10692 | 75.65% | ||
Property, plant | 1938 | 13.71% | ||
Other Assets | 1504 | 10.64% | ||
Total Assets | 14134 | 100.00% | ||
Liabilities and Equity | ||||
Current Liabilities | 3564 | 25.22% | ||
Long term Liabilities | 1358 | 9.61% | ||
Equity | 9212 | 65.18% | ||
Total Liabilities and Equity | 14134 | 100.00% |
Exercise 18-05 Suppose the comparative balance sheets of Nike, Inc. are presented here Nike, Inc. Comparative...
Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 (s in millions) 2020 2019 $ 10,413 1,976 1,584 $13,973 $ 8,900 1,900 1,600 $12,400 Assets Current assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $3,528 1,358 $ 3,600 1,400 9,087 7,400 $13,973 $12,400 (a) Prepare a horizontal analysis of the balance sheet data for...
Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets Current assets $ 9,840 $ 8,200 Property, plant, and equipment (net) 1,802 1,700 Other assets 1,615 1,700 Total assets $13,257 $11,600 Liabilities and Stockholders’ Equity Current liabilities $ 3,366 $ 3,400 Long-term liabilities 1,344 1,400 Stockholders’ equity 8,547 6,800 Total liabilities and stockholders’ equity $13,257 $11,600 (a) Prepare a horizontal analysis of the balance sheet data...
Exercise 18-05 Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets Current assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $9,682 $9,400 1,700 1,600 $13,375 $12,700 2,125 1,568 $ 3,038 3,100 1,300 8,300 $13,375 $12,700 1,248 9,089 Prepare a horizontal analysis of the balance sheet data for Nike,...
Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets $10,500 $8,400 Current assets Property, plant, and equipment (net) 2,006 1,700 Other assets 1,900 1,406 $13,912 $12,000 Total assets Liabilities and Stockholders' Equity $3,069 $3,100 Current liabilities Long-term liabilities 1,248 1,300 Stockholders' equity 9,595 7,600 $13,912 $12,000 Total liabilities and stockholders' equity Prepare a horizontal analysis of the balance sheet data for Nike, using 2019 as...
Question 2 Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets $ 10,400 2,020 $ 8,000 2,000 1,700 $11,700 1,615 $14,035 Current assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity $ 3,038 $ 3,100 1,287 9,710 1,300 7,300 $11,700 Total liabilities and stockholders' equity $14,035 (a) (a) Prepare a horizontal analysis of the...
Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets Current assets $ 9,180 $ 9,000 Property, plant, and equipment (net) 1,785 1,700 Other assets 1,656 1,800 Total assets $12,621 $12,500 Liabilities and Stockholders’ Equity Current liabilities $ 3,366 $ 3,400 Long-term liabilities 1,222 1,300 Stockholders’ equity 8,033 7,800 Total liabilities and stockholders’ equity $12,621 $12,500 (a) Prepare a horizontal analysis of the balance sheet data...
Exercise 13-05 Hypothetical balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets Property, plant, and equipment (net) Other assets $9,520 1,990 1,590 $13,100 $8,800 1,810 1,610 $12,220 Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $3,220 1,260 8,620 $13,100 $3,380 1,340 7,500 $12,220 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021...
* Exercise 13-05 a-b Suppose the comparative balance sheets of Larkspur, Inc. are presented here. LARKSPUR, INC. Condensed Balance Sheet May 31 ($ in millions) 2020 2019 $9,640 2,010 1,450 $13,100 $8,720 1,840 1,730 $12,290 Assets Current Assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $3,250 1,290 8,560 $13,100 $3,340 1,340 7,610 $12,290 (a) Prepare a horizontal analysis of the balance sheet data...
Exercise 13-5 Suppose the comparative balance sheets of Sage Hill Inc., are presented here. SAGE HILL INC. Condensed Balance Sheet May 31 ($ in millions) 2019 2018 $9,680 2,040 1,490 $13,210 $8,760 1,830 1,640 $12,230 Assets Current Assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $3,160 1,340 8,710 $3,310 1,370 7,550 $13,210 $12,230 (a) Prepare a horizontal analysis of the balance sheet data...
Hypothetical balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9,710 $8,720 Property, plant, and equipment (net) 1,940 1,870 Other assets 1,500 1,690 Total assets $13,150 $12,280 Liabilities and Stockholders' Equity Current Liabilities $3,253 $3,330 Long-term liabilities 1,270 1,380 Stockholders’ equity 8,627 7,570 Total liabilities and stockholders' equity $13,150 $12,280 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a...