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Andyco, Inc., has the following balance sheet and an equity market-to-book ratio of 1.5 . Assuming the market value of debt equals its book value,

Andyco, Inc., has the following balance sheet and an equity market-to-book ratio of

1.5

Assuming the market value of debt equals its book value, what weights should it use for its WACC calculation?

Assets		Liabilities & Equity
$1 comma 070

Debt

$440

Equity

$630

The debt weight for the WACC calculation is

nothing

(Round to two decimal places.)

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