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The liabilities and owners' equity for Campbell Industries is found here: Accounts payable $478,000 Notes payable $241,000 Current liabilities $719,000 Long-term debt $1,222,000 Common equity

The liabilities and owners' equity for Campbell Industries is found here: Accounts payable $478,000 Notes payable $241,000 Current liabilities $719,000 Long-term debt $1,222,000 Common equity $5,416,000 Total liabilities and equity $7,357,000

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 what percent?

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