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Accounts Payable 453,00 Notes Payable 259,000 Current Liabilities 712,000 Longterm Debt 1,105,000 Common Equity 5,159,000 Total Liabilities and Equity 6,976,000 = Homework: 2-1 MyFinanceLab Assignment

Accounts Payable 453,00
Notes Payable 259,000
Current Liabilities 712,000
Longterm Debt 1,105,000
Common Equity 5,159,000
Total Liabilities and Equity 6,976,000

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= Homework: 2-1 MyFinanceLab Assignment (Related to Checkpoint 4.2) (Capital structure analysis) The liabilities and owners' equity for Campbell Industries is found here: 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 $1.4 million and finance it entirely with long-term debt, what would be the firm's new debt ratio? Question 6, P4-6 (similar to) Part 1 of 2 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 %. (Round to one decimal place.) Help me solve this View an example Get more help. C HW Score: 8%, 4 of 50 points O Points: 0 of 4 Clear all Save Check

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