Lovisa Corporation Statement of Comprehensive Income For the Year Ended December 31, 2021 RM Sales revenue 2,000,000 Less: Cost of goods sold Gross profit (EBIT) (1.200,000) 800,000 Less: Interest expenses (200,000) 600,000 Net profit before taxes Less: Taxes (40%) Net Income (240,000) 360,000 Additional information: The company has 50 million shares outstanding and the current share price is RM80 per share. The company's bond is current priced at RM3.75 million with an interest on the debt is 9 percent. The bond pays semi-annual coupons and has 15 years to maturity. The cost of equity is 16 percent Based on the Paste Select all Add comment the Weighted Average Cost of Capital (WACC) for both propositions