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

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

(b) Prepare a vertical analysis of the balance sheet data for Nike for 2022.