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Report stockholders' equity on the company's December 31, 2011 Daa Problem 3-2 Subtle Edge, Inc. presents the following excerpts from its December 31, 2017 balance

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Report stockholders' equity on the company's December 31, 2011 Daa Problem 3-2 Subtle Edge, Inc. presents the following excerpts from its December 31, 2017 balance sheet: Current Liabilities: Notes payable, 8% Long-term Liabilities: Bonds payable, 10% Shareholders' Equity Common stock, par Additional paid-in-capital, common stock Total contributed capital Retained earnings S 200,000 1,000,000 50,000 350,000 400,000 250,000 650,000 Total shareholders' equity The accounting department also conveys the following information: Risk-free rate of return-_ 3% Risk premium-4.05% Tax rate-30% Required: Compute Subtle Edge's weighted average cost of capital

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