What percentage of the firms assets does the firm finance

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Reference no: EM131970517

The liabilities and owners' equity for Campbell Industries is found here:

Accounts payable $478,000 Notes payable $241,000 Current liabilities $719,000 ?Long-term debt $1,222,000 Common equity $5,416,000 Total liabilities and equity $7,357,000

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 what percent?

Reference no: EM131970517

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