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 $ 1.3 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 nothing?%. ?(Round to one decimal? place.)

Accounts payable $536,000

Notes payable $258,000

Current liabilities $794,000

Long-term debt $1,108,000

Common equity $5,080,000

Total liabilities and equity $6,982,000