Suppose the following items were taken from the balance sheet of nike, inc. 1. cash $2,291.1 7. inventory $2,357.0 2. accounts receivable 2,883.9 8. income taxes payable 86.3 3. common stock 2,874.2 9. equipment 1,957.7 4. notes payable 342.9 10. retained earnings 5,818.9 5. buildings 3,759.9 11. accounts payable 2,815.8 6. mortgage payable 1,311.5 (c) to what extent does nike rely on debt versus equity financing?

The answer is letter a

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Acapitalist economy is when all goods are owned by the government or private industries.