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Following are selected income statement and balance sheet data for companies in different industries. Cost of goods Gross Net $ millions Sales sold profit income

Following are selected income statement and balance sheet data for companies in different industries.

Cost of

goods Gross Net

$ millions Sales sold profit income Assets Liabilities

Equity

Harley-Davidson Nike, Inc. Starbucks Corp. Target Corp.

$ 5,342 $ 3,302 $ 2,040 13,740 7,624 6,116 6,369 2,605 3,764 51,271 34,927 16,344

$ 960 $ 5,255 $ 2,171 1,212 8,794 3,149 494 3,514 1,423 2,408 34,995 20,790

$ 3,084 5,645 2,091 14,205

Which company has financed itself with the highest percentage of liabilities to equity?

  1. Harley-Davidson
  2. Nike, Inc.
  3. Starbucks Corp.
  4. T arget Corp.

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