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 %. (Round to one decimal place.) Data table Accounts payable $532,000 Notes payable $252,000 Current liabilities $784,000 Long-term debt Common equity $1,254,000 $5, 159.000 Total liabilities and equity $7,197,000 (Click on the icon e in order to copy its contents into a spreadsheet.) Print Done

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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B Module Two - FIN-320-X31 X
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FIN-320-X3180 Principles of Finance 22EW3
Donte Johnson
01/13/22 11:35 AM
= Homework: 2-1 MyFinanceLab Assignment
Question 6, P4-6 (similar to)
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HW Score: 94.4%, 47.2 of 50 points
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(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 $1.3 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)?
fraction of
firm's assets that the firm
using debt is
(Round to one decimal place.)
Data table
Accounts payable
$532,000
Notes payable
$252,000
Current liabilities
$784,000
Long-term debt
Common equity
$1,254,000
$5,159,000
Total liabilities and equity
$7,197,000
(Click on the icon in order to copy its contents into a spreadsheet.)
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Transcribed Image Text:2 Southern New Hampshire Home B Module Two - FIN-320-X31 X B MyLab Finance All Assignme X Do Homework - 2-1 MyFina X b My Questions | bartleby Ô https://www.mathxl.com/Student/PlayerHomework.aspx?homeworkld=615532674&questionld=6&flushed=false&cld=6786331&back=DoAssignments.aspx FIN-320-X3180 Principles of Finance 22EW3 Donte Johnson 01/13/22 11:35 AM = Homework: 2-1 MyFinanceLab Assignment Question 6, P4-6 (similar to) > HW Score: 94.4%, 47.2 of 50 points 2 Points: 2 of 4 Save Part 1 of 2 (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 $1.3 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)? fraction of firm's assets that the firm using debt is (Round to one decimal place.) Data table Accounts payable $532,000 Notes payable $252,000 Current liabilities $784,000 Long-term debt Common equity $1,254,000 $5,159,000 Total liabilities and equity $7,197,000 (Click on the icon in order to copy its contents into a spreadsheet.) Print Done Help me solve this View an example Get more help - Clear all Check answer 11:35 AM 39°F Sunny 1/13/2022 4
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