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Click on the Icon in order to copy its content into a spreadsheet. Trout, Inc. Current assets: $3,111,111 Current liabilities: Long-term assets: $10,888,889 Long-term liabilities:

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Click on the Icon in order to copy its content into a spreadsheet. Trout, Inc. Current assets: $3,111,111 Current liabilities: Long-term assets: $10,888,889 Long-term liabilities: Total assets: $14,000,000 Owners' equity: $1,221,982 $8,460,323 $4,317,695 Salmon Enterprises Bonds outstanding: 3,000 selling at $992.89 Common stock outstanding: 260,000 selling at $37.35 Book value versus market value components. Compare Trout, Inc. with Salmon Enterprises, using the balance sheet of Trout and the market data of Salmon for the weights in the weighted average cost of capital: 5: If the after-tax cost of debt is 10.9% for both companies and the cost of equity is 16.03%, which company has the higher WACC? What is the book value adjusted WACC for Trout, Inc

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