(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

$ 1.3million and finance it entirely with long-term debt, what would be the firm's new debt ratio?

Question content area bottom

Part 1

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

enter your response here

%.

(Round to one decimal place.)

Data table