(Related to Checkpoint 4.2) (Analyzing capital structure) The liabilities and stockholders' equity for Campbell Industries is found here: 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 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)? The fraction of the firm's assets that the firm finances using debt is %. (Round to one decimal place.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Accounts payable Notes payable Total current liabilities Long-term debt Total liabilities Total common stockholders' equity Total liabilities and stockholders' equity Print Done $458,000 242,000 $700,000 $1,101,000 1,801,000 $4,513,000 $6,314,000 -
(Related to Checkpoint 4.2) (Analyzing capital structure) The liabilities and stockholders' equity for Campbell Industries is found here: 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 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)? The fraction of the firm's assets that the firm finances using debt is %. (Round to one decimal place.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Accounts payable Notes payable Total current liabilities Long-term debt Total liabilities Total common stockholders' equity Total liabilities and stockholders' equity Print Done $458,000 242,000 $700,000 $1,101,000 1,801,000 $4,513,000 $6,314,000 -
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Transcribed Image Text:(Related to Checkpoint 4.2) (Analyzing capital structure) The liabilities and stockholders' equity for Campbell Industries is found here:
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 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)?
The fraction of the firm's assets that the firm finances using debt is
%. (Round to one decimal place.)
Data table
(Click on the following icon in order to copy its contents into a spreadsheet.)
Accounts payable
Notes payable
Total current liabilities
Long-term debt
Total liabilities
Total common stockholders' equity
Total liabilities and stockholders' equity
Print
Done
$458,000
242,000
$700,000
$1,101,000
1,801,000
$4,513,000
$6,314,000
-
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