ASSIGNMENT RESOURCES HW13 Exercise 13-5 Proble m 13-3A Review Score Review Resul

Question

ASSIGNMENT RESOURCES HW13 Exercise 13-5 Proble m 13-3A Review Score Review Results by Study Obiective Assets $9,861 $8,920 Current Assets 1,958 1.88 Property, plant, and equipment (net) 1,588 1,750 Other assets $13,407 $12,553 Total assets Liabilities and Stockholders' Equity Current Liabilities $3,285 $3,318 1,272 1,282 Long-term liabilities Stockholders' equity 7,953 $13,407 $12,553 Total liabilities and stockholders' equity (b) Prepare a vertical analysis of the balance sheet data for Nike for 2014. NIKE, INC. Condensed Balance Sheet May 31, 2014 (in millions) Assets $9,861 Current Assets 1956 Property, plant, and equipment (net) 1,588 Other assets $13,407 Total assets Liabilities and Stockholders' Equity $3,285 Current Liabilities Long-term Liabilities 1,272 Stockholders' equity 8,850 $13,407 Total liabilities and stockholders' equity Wiley PLUS: My Wiley PLUS I Help I Contact Us I Log Out Prin. of Acct. I & II CALCULATOR STANDARD VEM PRINTER VERSION BACK NET rcentag Increase (Decrease) from 2013 Percent

Explanation / Answer

b. vertical analysis:

2014 2013 Increase/(decrease) % change from 2013 Current Assets 9,861 8,920 941 10.55% PPE 1,958 1,883 75 3.98% Other assets 1,588 1,750 (162) -9.26% Total assets 13,407 12,553 854 6.80% Liabilities Current liabilities 3,285 3,318 (33) -0.99% Long term liabilities 1,272 1,282 (10) -0.78% Equity 8,850 7,953 897 11.28% Total liabilities and equity 13,407 12,553 854 6.80%

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