the paulson company year end balance sheet is shown below. It's cost of common equity is 18%, it's before tax cost of debt is 12%, and it's marginal tax rate is 40%. Assume that the firms long term debt sells at par value. The firms total debt, which is the sum of the company short term debt and long-term debt equals $1142. The firm has 576 shares of Common stock outstanding that sell for $4 per share. the data has been collectef in the microsoft excel online file below.

Open spreadsheet Calculate Paulson's WACC using market value weights. Round your answer to the Assets Liabilities And Equity Cash $ 120 Accounts payable and accruals $ 10 240 Accounts receivable 62 Short-term debt Inventories 360 Long-term debt $1,080 Plant and equipment, net 2,160 Common equity 1,728 Total assets $2,880 Total liabilities and equity $2,880