FIN-320-X4017 Principles of Finance 22EW4 Homework: 2-1 MyFinanceLab Assignment Question 6, P4-6 (similar to) Part 2 of 2 (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 (labilities)? 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? 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 26.1%. (Round to one decimal place.) 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? The new debt ratio will be %. (Round to one decimal place.) sis) The liabilities and owners' equity for Campbell Industries is found here: ! hance using debt (liabilities)? 51.4 million and finance it entirely with long-term debt, what would be the firm's new debt ratio? ance using deb ng debt is 26. - X Data table 1.4 million and place.) Accounts payable $482,000 Notes payable $254,000 Current liabilities $736,000 Long-term debt $1,198,000 Common equity $5,473,000 Total liabilities and equity $7,407,000 (Click on the icon in order to copy its contents into a spreadsheet.) Print Done