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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
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 ____%. Current liabilities and owner's equity are ..Accounts Payable $497,000 Notes Payable $249,000 = $746,000 in current liabilities and Long-term debt $1,140,000 Common equity 5,030,000 = $6,916,000 in Total liabilities and equity
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