In: Accounting
Exercise 9-5
Suppose the comparative balance sheets of Nike, Inc. are presented here.
Prepare a horizontal analysis of the balance sheet data for Nike, using 2016 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.2%)