Question
The following data concerning Spencer Trangenics capital structure is available. Book Value Market Values Accts Payable and Accruals $300 $250 Short term debt 150 150
The following data concerning Spencer Trangenics capital structure is available.
| Book Value | Market Values | |
| Accts Payable and Accruals | $300 | $250 |
| Short term debt | 150 | 150 |
| Long term debt | 450 | 600 |
| Preferred Stock | 75 | 150 |
| Common Stock | 600 | 1500 |
| Total | 1575 | 2650 |
The percentage of common stock in Spencer's weighed average cost of capital is
A-66.7%
B-62.5%
C38.1%
D-56.6%
E-31.25%
None of the above___________ (fill in blank)
Please guide me through this question. Thank you
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Principles Of Cost Accounting
Authors: Edward J. Vanderbeck
14th Edition
0324374178, 978-0324374179
