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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
(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 $1.1 million and finance it entirely with long-term debt, what would be the firm's new debt ratio? X Data Table imal place.) long-term debt, what would be the firm's new debt ratio? Accounts payable $544,000E Notes payable $250,000 Current liabilities $794,000 Long-term debt $1,186,000 Common equity Total liabilities and equity $5,061,000 $7,041,000 Print Done
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