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Accountants must be familiar with finding and interpreting data in a company’s balance sheet and income statement.

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Accountants must be familiar with finding and interpreting data in a company’s balance sheet and income statement. Accountants must be familiar with finding and interpreting data in a company’s balance sheet and income statement. They will take these documents and create a condensed version showing multiple years to review changes. It is important for accountants to understand the categories of the balance sheet and income statement, and the types of ratios discussed in the financial statements. This information is reported to stakeholders by accountants.   Directions Use Nike’s SEC 2022 10-K filing in the Supporting Materials section to complete this assignment. There are two parts for this assignment: the condensed financial statements and the summary.   Module Two Workbook Template In the condensed financial statements part of this assignment, you will use the company’s Securities and Exchange Commission (SEC) 2022 10-K filing to build a condensed version of the balance sheet and income statement in the Module Two Workbook Template linked in the What to Submit section. The SEC 2022 10-K filing will provide three years of income statements and only two years of balance sheets. You will need to find Nike’s 2020 Form 10-K filing on the SEC website to pull the 2020 balance sheet to complete the template.   Categories will be different than what you find in the annual report. Use your best judgement when classifying them. If you need to lump certain costs together, then do so. Make certain you keep accounts in the correct category (i.e., current assets, non-current assets, current liabilities, long term liabilities, and owner’s equity). Each of these sections has an “other” category you can use. It is important to use the correct categories to have ratios calculate correctly. For example, the company shows cost of sales of $100K, general and administrative (G

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