The liabilities and owners' equity for Campbell Industries is found here:LOADING.... a.What percentage of the...
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The liabilities and owners' equity for Campbell Industries is found here:LOADING.... a.What percentage of the firm's assets does the firm finance using debt (liabilities)? b.If Campbell were to purchase a new warehouse for million and finance it entirely with long-term debt, what would be the firm's new debt ratio? Question content area bottom Part 1 a.What percentage of the firm's assets does the firm finance using debt (liabilities)? The fraction of the firm's assets that the firm finances using debt is enter your response here%. (Round to one decimal place.) Help me solve thisView an example Get more help pop-up content starts Data table Accounts payable $473,000 Notes payable $258,000 Current liabilities $731,000 Long-term debt $1,198,000 Common equity $5,197,000 Total liabilities and equity $7,126,000
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