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Please answer this sample question, so that I can see how to do the problem. (Related to Checkpoint 4.2) (Capital structure analysis) The liabilities and

Please answer this sample question, so that I can see how to do the problem.

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(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 Sl 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 00/0. (Round to one decimal place.) O Data Table Accounts payable Notes payable Current liabilities Long-term debt Common equity Total liabilities and equity print "46,000 P, S254,ooo S800,ooo Sl 242,000 Done

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