pols s uctory Back to Assignment Attempts 0 0 5. Problem 10.09 (WACC) eBook The Paulson Company's year-end balance sheet
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pols s uctory Back to Assignment Attempts 0 0 5. Problem 10.09 (WACC) eBook The Paulson Company's year-end balance sheet
Company's year-end balance sheet is shown below. Its cost of common equity is 18%, its before-tax cost of debt is 9%, and its marginal tax rate is 25%. Assume that the firm's long-term debt sells at par value. The firm's total debt, which is the sum of the company's short-term debt and long-term debt, equals $1,168. The firm has 576 shares of common stock outstanding that sell for $4.00 per share.. Assets Cash Accounts receivable Inventories Plant and equipment, net Total assets Keep the Highest 0/1 % $120 240 360 2,160 Liabilities And Equity Accounts payable and accruals Short-term debt Long-term debt Common equity $10 58 1,110 1,702 $2,880 $2,880 Total liabilities and equity Calculate Paulson's WACC using market-value weights. Do not round intermediate calculations. Round your answer to two decimal places. Grade it Now Save & Continue Continue without saving
pols s uctory Back to Assignment Attempts 0 0 5. Problem 10.09 (WACC) eBook The Paulson