Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I JUST FILLED THIS IN CAN SOMEONE CHECK FOR ANY ERRORS AND HELP ME FIX THEM A Calculate the Weighted Average cost of Capital begin{tabular}{rrrr|r|r|}

image text in transcribedI JUST FILLED THIS IN CAN SOMEONE CHECK FOR ANY ERRORS AND HELP ME FIX THEM

A Calculate the Weighted Average cost of Capital \begin{tabular}{rrrr|r|r|} & Capital & Cost & Proportion & WACC \\ \cline { 2 - 5 } Long Term Liabilities & $1,989,032 & 7.77% & 0.0595 & 0.4600 \\ Preferred Stock & $1,229,856 & 10.09% & 0.0368 & 0.3700 \\ Common Stock & $9,198,832 & 15.02% & 0.2754 & 4.1400 \\ \hline Retained Earnings & $20,987,230 & 19.36% & 0.6283 & 12.1800 \\ \cline { 3 - 5 } & $33,404,950 & & 1.0000 & 0.1715 \\ \cline { 3 - 4 } 30 points \end{tabular} Calculate the unweighted average cost of capital 17.15%10 points Explain why there is a difference between the weighted and unweighted amounts 10 points

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance For Housing An Introduction

Authors: Cathy Davis

1st Edition

1447306481, 978-1447306481

More Books

Students also viewed these Finance questions

Question

What are the benefits of branching and affiliation?

Answered: 1 week ago

Question

20. What is a feature detectorpg109

Answered: 1 week ago

Question

Define Administration and Management

Answered: 1 week ago

Question

Define organisational structure

Answered: 1 week ago

Question

Define line and staff authority

Answered: 1 week ago

Question

Define the process of communication

Answered: 1 week ago

Question

Explain the importance of effective communication

Answered: 1 week ago

Question

3. Identify cultural universals in nonverbal communication.

Answered: 1 week ago