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Accounts Payable $540,000 Long-term Debt $1,134,000 Notes Payable $258,000 Common Equity $4,752,000 Current Liabilities 798,000 Total liabilities and equity $6,684,000 If campbell were to purchase
Accounts Payable $540,000 Long-term Debt $1,134,000 Notes Payable $258,000 Common Equity $4,752,000 Current Liabilities 798,000 Total liabilities and equity $6,684,000 If campbell were to purchase a new wearhouse for $1.4 million and finance it entirely with long term debt< what would be the firm's new debt ratio? The new debt ratio will be ______%
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Understanding Financial Accounting A Guide For Non-specialists
Authors: Jimmy Winfield, Mark Graham, Taryn Miller
1st Edition
0198847270, 9780198847274
