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If Campbell were to purchase a new warehouse for 1.1 million and finance it entirely with long-term debt, what would be the firm's new debt
If Campbell were to purchase a new warehouse for 1.1 million and finance it entirely with long-term debt, what would be the firm's new debt ratio?
The new debt ratio will be
account payable 495,000
notes payable 243,000
current liabilities 738,000
long term debt 1,207,000
common equity 5,079,000
total liabilities and equity 7,024,000
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IT Auditing Using A System Perspective Premier Reference Source
Authors: Robert Elliot Davis
1st Edition
1799855481, 978-1799855484
