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(S thousands) Current Assets 35,000 Fixed Assets 55,000 Accts Payable Long term Debt Common Equity Common stock Paid in Capital Retained earnings Total Liab &

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(S thousands) Current Assets 35,000 Fixed Assets 55,000 Accts Payable Long term Debt Common Equity Common stock Paid in Capital Retained earnings Total Liab & Equity 10,000 35,000 45 000 1,500 4,500 39,000 90,000 Total Assets 90.000 Current Market Rates: Current Market Prices & Other Info: 1 yr Thill rate 10 yr Tbond Rate Market Risk Premium Tax rate 2.00% 3.35% 5.00% 25% TikTok Debt YTM Microsoft Debt YTM Microsoft Yahoo Beta Tiktok Yahoo Beta 8.00% 6.00% 1.10 1.85 The current liabilities consist entirely of accounts payable and accruals. TikTok bonds are selling at 100% of par and it has 1.5 million shares of equity stock outstanding. The company believes a D/E ratio of 1.51 is more appropriate for its target debt level Show your work for this questio Determine the weights for the WACC: Wd : Wp = We = Determine the WACC and provide a summary table with all of the inputs WACC = Table

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