Capital structure​ analysis)  The liabilities and​ owners' equity for Campbell Industries is found​ here:   LOADING... .   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 $1.1 million and finance it entirely with​ long-term debt, what would be the​ firm's new debt​ ratio? Accounts payable $519,000 Notes payable $248,000 Current liabilities $767,000 ​Long-term debt $1,101,000 Common equity $4,647,000 Total liabilities and equity $6,515,000

Financial Management: Theory & Practice
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ISBN:9781337909730
Author:Brigham
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Chapter3: Analysis Of Financial Statements
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Problem 8P: Assume you are given the following relationships for the Haslam Corporation: Calculate Haslam’s...
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​(Capital structure​ analysis)  The liabilities and​ owners' equity for Campbell Industries is found​ here:  
LOADING...
.
 
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
$1.1
million and finance it entirely with​ long-term debt, what would be the​ firm's new debt​ ratio?
Accounts payable
$519,000
Notes payable
$248,000
Current liabilities
$767,000
​Long-term debt
$1,101,000
Common equity
$4,647,000
Total liabilities and equity
$6,515,000
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