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The market values of Ashton Enterprises, Inc.s long-term financing sources are as follows: Type of Financing: Current Market Value: Common Stock $25 million Preferred Stock
The market values of Ashton Enterprises, Inc.s long-term financing sources are as follows:
| Type of Financing: | Current Market Value: |
| Common Stock | $25 million |
| Preferred Stock | $5 million |
| Long-Term Bonds | $40 million |
| Total Long-Term Financing: | $70 million |
Given the above information, calculate the weight for each of these three types of financing in Ashton Enterprises capital structure:
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