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View Policies Current Attempt in Progress Suppose the following items were taken from the balance sheet of Nike, Inc. (All dollars are in millions.) Perform

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View Policies Current Attempt in Progress Suppose the following items were taken from the balance sheet of Nike, Inc. (All dollars are in millions.) Perform each of the following. Classify each of these items as an asset, liability, or stockholder' equity item, and determine the total dollar amount for each classification. (Enter amounts in millions rounded to 1 decimal place, e.9. 45.5 million.) Classify each of these items as an asset, Fiablity, or stockholders' equity item, and determine the total dollar amount for each classification. (Enter amounts in millions rounded to 1 decimal place, e.9.45.5 million.) Cash Accounts receivable Common stock Notespayable. Buildings Mortgese payable Inventory Income taxes pryable Equipment Retained earnings Accounts payable Retained earnings Accounts payable Assets Liabilities Stockholders' equity $ $ Determine Nike's accounting equation by calculating the value of total assets, total liabilities, and total stockholders' equity. (Enter amounts in millions rounded to 1 decimal place, e.g. 45,5 million.) Cakculate the debt and equity financing. (Round percentoges to 0 decimol places, es. 52x.) Debt Equity Towhat extent does Nkik rely on debe versus equity financing? Nike has relied moreheavy on than to finance its absets

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