1. The UpTowner has a beta of 1.18, a debt-to-equity ratio of 0.36, and a cost of equity of 11.74 percent. The market rate of return is 10.4 percent, and the tax rate is 35 percent. If the pretax cost of debt is 6.9 percent, what is the company's WACC? a. 9.82% b. 8.90% c. 10.41% d. 9.96% e. 10.12% Assume sales are $2,220; cost of goods sold is $1,055, general expenses are $630, depreciation expense is $210, and the tax rate is 35 percent. What is the operating cash flow amount if the firm paid $40 in interest expense? a $171.25 b. $99.75 c. $185.25 d. $435.25 2