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2-Yr Financial Analysis of Nike, Inc.

The comparative balance sheets of Nike, Inc. are presented here.

NIKE INC.
Comparative Balance Sheets
May 31
($ in millions)

Assets 2007 2006
Current assets $8,076 $7,346
Property, plant, and equipment (net) 1,678 1,658
Other assets 934 866
Total assets $10,688 $9,870

Liabilities and Stockholders' Equity
Current liabilities $2,584 $2,612
Long-term liabilities 1,079 973
Stockholders' equity 7,025 6,285
Total liabilities and stockholders' equity $10,688 $9,870

Complete the horizontal analysis of the balance sheet data for Nike using 2006 as a base. (If amount decreases, use either a negative sign preceding the number, e.g. -45 or parenthesis, e.g. (45). Round all percentages to 1 decimal place, e.g. 12.5.)

NIKE, INC.
Condensed Balance Sheet
December 31
($ in millions)

Increase or (Decrease)
2007 2006 Amount Percentage
Assets
Current assets $8,076 $7,346 $ %
Property, plant and
equipment (net) 1,678 1,658 %
Other assets 934 866 %

Total assets $10,688 $9,870 $ %

Liabilities and stockholders' equity

Current liabilities $2,584 $2,612 $ %
Long-term liabilities 1,079 973 %
Total stockholders' equity 7,025 6,285 %

Total liabilities &
stockholders' equity $10,688 $9,870 $ %

Complete the vertical analysis of the balance sheet data for Nike for 2007. (Round all of the percentages to 1 decimal place, e.g. 12.5.)

NIKE, INC.
Condensed Balance Sheet
May 31, 2007

$ (in millions)

Percent
Assets

Current assets $8,076 %
Property, plant and equipment (net) 1,678 %
Other assets 934 %

Total assets $10,688 %

Liabilities and stockholders' equity

Current liabilities $2,584 %
Long-term liabilities 1,079 %
Stockholders' equity 7,025 %

Total liabilities and stockholder's equity $10,68 %

Solution Summary

A 2-Yr Horizontal Analsyis of Nike, Inc., uisng 2006 as the Base Year.

$2.19