15. Given below is the summary of balance sheet of A limited as on 1st January 2009 Liabilities Amount (Rs) Assets Amount (Rs) 250,000 Land Share capital (25000 equity shares @ R$ 10 fully paid up) 2,300,000 Reserves and surplus 80,000 Plant 120,000 8% redeemable debentures 50,000 Less depreciation 50,000 70,000 Current liabilities Investment 10,0000 Short term loan 30,000 Stock 10,000 Accounts payables 15,000 Cash 15,000 425,000 425,000 Calculate the firm's WACC using balance sheet valuation. The following additional information is provided 1. 8% debentures were issued and are redeemable at par after five years. 2. Short term loan carries interest @ 15% p.a. 3. All interest payments are up-to-date and equity dividend is currently 10%. 4. Tax rate may be assumed at 50%. 15. Given below is the summary of balance sheet of A limited as on 1st January 2009 Liabilities Amount (Rs) Assets Amount (Rs) 250,000 Land Share capital (25000 equity shares @ R$ 10 fully paid up) 2,300,000 Reserves and surplus 80,000 Plant 120,000 8% redeemable debentures 50,000 Less depreciation 50,000 70,000 Current liabilities Investment 10,0000 Short term loan 30,000 Stock 10,000 Accounts payables 15,000 Cash 15,000 425,000 425,000 Calculate the firm's WACC using balance sheet valuation. The following additional information is provided 1. 8% debentures were issued and are redeemable at par after five years. 2. Short term loan carries interest @ 15% p.a. 3. All interest payments are up-to-date and equity dividend is currently 10%. 4. Tax rate may be assumed at 50%