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Use this data table of Campbell Industries liabilities and owners' equity to complete parts a and b. What percentage of the firm's assets does the
Use this data table of Campbell Industries liabilities and owners' equity to complete parts a and b. What percentage of the firm's assets does the firm finance using debt (liabilities)? (Round to one decimal place.) 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? (Round to one decimal place.)
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