Question: Using this Balance Sheet for Forman Corporation and the Supplementary Information below, please answer the following: Answers a) What is the firm's networking capital? b) What is the firm's total equity capitalization? c) What is the firm's WACC (weighted average cost of capital? Balance Sheet -- Forman Corporation Cash/Marketable Sec. Accounts Receivable Inventory 2,500,000 8,400,000 11,340,000 Accounts Payable Taxes Payable Other Accruals 8,500,000 2.840,000 6,000,000 Property Equipment At Dep. Other LT Fixed Assets 250,000,000 1,100,000,000 -400,000,000 480,000,000 Bond 1 (6 1/2%) Bond 2.17%) Debenture A (9%) Debenture B (10%) 200,000,000 260,000,000 100,000,000 400,000,000 Minority interest 200,000,000 Common (Par $0.50) Surplus Retained Earn. 50,000,000 250,000,000 374,900,000 Total Assets 1,652,240,000 Total Liab+Eal 1,652,240,000 $41 Price per Share 1.2 Beta (Forman Corp.) 4% Risk-Free Rate 10% Expected Return on Market 40% Tax Rate