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firm’s assets

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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?

a.  What percentage of the​ firm’s assets does the firm finance using debt​ (liabilities)?

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The fraction of the​ firm’s assets that the firm finances using debt is ___%. ​(Round to one decimal​ place.)

 
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