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 1.2 million and finance it entirely with long-term debt, what would be the firm's new debt ratio? Accounts payable $519,000 Notes payable $242,000 Current liabilities $761,000 Long-term debt $1,233,000 Common equity $4,806,000 Total liabilities and equity $6,800,000