SOLUTION: If campbell were to purchase a new warehouse for 1.1 million and finance it entirely with long-term debt, what would be the firm's new debt ratio?

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Question 612699: If campbell were to purchase a new warehouse for 1.1 million and finance it entirely with long-term debt, what would be the firm's new debt ratio?

Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
If campbell were to purchase a new warehouse for 1.1 million and finance it entirely with long-term debt, what would be the firm's new debt ratio?
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What was it before the purchase?