Finance questions
dobpriThe liabilities for cambel industries is
accounts payable 478,000
notes payable is 250,000
Current liabilties 728000
Long term debt is 1146000
Common equity 4881000
total libilites and equity is 6755000
A.what perentage of the firms assets does the firm finance using debt (liabilities)?
B.If cambell were to purchase a new warehouse for 1.4 million and finance it entirely with long term debt what would be the firms new debt ratio?
A.what perentage of the firms assets does the firm finance using debt (liabilities)?
the fraction of the firms asset that the firms finances using debt is what percentage? Please round one decimal place
13 years ago
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