For a firm burning cash with limited cash reserves, what are the firms options to extend its viable life?

Group of answer choices

Pay off its short term debts

Negotiate easier payment terms with its suppliers

Buy back its own stock

Decrease its margins

Pay off its long term debts

Given a debt rate of 10%, an equity rate of 40%, a tax rate of 40%, and an even level of debt to equity financing (e.g. 50% debt and 50% equity), the Weighted Average Cost of Capital (WACC) is which of the following?

Group of answer choices

31%

10%

28%

13.5%

23%