Question 4. (20 marks) You have been provided with the following information about Jones Company. RePet Eyes Balance Sheet Assets: S Cash and marketable securities 70,000 Accounts receivable Inventories Total current assets Net fixed assets Total assets i) Total Sales (all on credit) is $1,460,000 Gross Profit Margin is 40% Inventory turnover 6 times The Total Asset Turnover is 2.5 times Liabilities and Equity: S Accounts payable Accrued taxes Total current liabilities 51,200 Long-term debt (8%) 182.400 Owner's equity 273,600 Total liabilities and owner's equity vii) viii) The Current Ratio is 2.45 The market return is 11%, the risk-free rate is 6% and the firm's beta is 1.3 The firm's 9% annual coupon bonds that mature in 5 years are priced at $1039.48 The firm faces a 25% tax rate Use the information to: (a) complete the balance sheet above (b) determine the firms weighted average cost of capital. (11 mark (9 marl CS CamScanner