Hypothetical balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9,520 $8,720 Property, plant, and equipment (net) 2,010 1,870 Other assets 1,550 1,610 Total assets $13,080 $12,200 Liabilities and Stockholders' Equity Current Liabilities $3,210 $3,320 Long-term liabilities 1,210 1,290 Stockholders’ equity 8,660 7,590 Total liabilities and stockholders' equity $13,080 $12,200 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 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. 12.5%.)

What is private equity investing? who participates in it and why? how is palamon positioned in the industry? how does private equity investing compare with public market investing? what are the similarities and differences between the two? why is palamon interested in teamsystem? does it fit with palamon’s investment strategy? how much is 51% of teamsystem’s common equity worth? use both a discounted cash flow and a multiple-based valuation to justify your recommendation. what complexities do cross-border deals introduce? what are the specific risks of this deal? what should louis elson recommend to his partners? is it a go or not? if it is a go, what nonprice terms are important? if it’s not a go, what counterproposal would you make?