firm's assets
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 $ 1.2
$1.2 million and finance it entirely with long-term debt, what would be the firm’s new debt ratio?
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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.)
