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The Paulson Company's year - end balance sheet is shown below. Its cost of common equity is 1 5 % , its before - tax
The Paulson Company's yearend balance sheet is shown below. Its cost of common equity is its beforetax cost of debt is and its marginal tax rate is Assume that the firm's longterm debt sells at par value. The firms total debt, which is the sum of the companys shortterm debt and longterm debt, equals $ The firm has shares of common stock outstanding that sell for $ per share.
Assets Liabilities And Equity
Cash $ Accounts payable and accruals $
Accounts receivable Shortterm debt
Inventories Longterm debt
Plant and equipment, net Common equity
Total assets $ Total liabilities and equity $
Calculate Paulson's WACC using marketvalue weights. Do not round intermediate calculations. Round your answer to two decimal places.
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