The debt weight for the WACC calculation is _____%. (Round to two decimal places.) The equity weight for the WACC calculation is _______%. (Round to two decimal places.)

Andyco, Inc., has the following balance sheet and an equity market-to-book ratio of 1.7. Assuming the market value of debt equals its book value, what weights should it use for its WACC calculation? Assets Liabilities & Equity $1,020 Debt Equity $480 $540