1. Accounts Payable: 480,000
Notes Payable: 241,000 Current Liabilities: 721,000 Long-Tern Debt: 1,186,000 Common Equity: 5,332,000 Total liabilities and equity: 7,239,000 What percentage of the firm’s assets does the firm finance using debt? If Campbell were to purchase a new warehouse for $1.4 million…