$($Related to Checkpoint $4\mathrm{.}2)($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 $$1\mathrm{.}5$ 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 $\%.($Round to one decimal place.$)$

b$.$ If Campbell were to purchase a new warehouse for $$1\mathrm{.}5$ 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.$)$

Data table

$\backslash$table$[[$Accounts payable,$$475,000$