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(Defining capital structure weights) In August 2015 the capital structure of the Emerson Electric Corporation (EMR) (measured in book and market values) was as follows:

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(Defining capital structure weights) In August 2015 the capital structure of the Emerson Electric Corporation (EMR) (measured in book and market values) was as follows: ($ Millions) Short-term debt Long-term debt Common equity Total capital Book Value $2,548 4,190 8,176 $14,914 Market Value $2,548 4.190 35,744 $42,482 What weights should Emerson use when computing the firm's weighted average cost of capital? The appropriate weight of debt, wg, is %. (Round to one decimal place.) The appropriate weight of common equity, Wcs, is %. (Round to one decimal place.)

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