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(Related to Checkpoint 4.2) (Capital structure analysis) The liabilities and owners' equity for Campbell Industries is found here: Accounts payable Notes payable Current liabilities Long-term

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(Related to Checkpoint 4.2) (Capital structure analysis) The liabilities and owners' equity for Campbell Industries is found here: Accounts payable Notes payable Current liabilities Long-term debt Common equity Total liabilities and equity $539,000 $250,000 $789,000 $1,227,000 $5,252,000 $7,268,000 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 $1.3 million and finance it entirely with long-term debt, what would be the firm's new debt ratio

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