incorrect answer straight away down vote... don't answer

Illustration 16: A Company's current operating income is 24 lakhs. The firm has 10lakhs of 10% debt outstanding. Its cost of equity capital is estimated to be 15%. (i) Determine the current value of the firm using traditional valuation approach. (ii) Calculate the firm's overall capitalisation ratio as well as both types of leverage ratios (a) B/s (b) B/