The fiscal 2016 financial statements of Nike Inc. shows average net operating assets (NOA) of $8,450 million, average net nonoperating obligations (NNO) of $ (4,033) million, average total liabilities of $9,014 million, and average equity of $12,483 million. The company's 2016 financial leverage (FLEV) is: Select one: A. (0.477) B. (0.559 C. (0.323) D. (0.447) E. There is not enough information to determine the ratio.
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