The Pawlson Company's year end balance sheet is shown below Its cost of common equity is 14 , its before tax cost of debt is 10 , and its marginal tax rate is 40 Assume that the firm's long term debt sells at par value The firms total debt, which is the sum of the companys short term debt and long term debt, equals $1,202 The firm has 576 shares of common stock outstanding that sell for $4 00 per share Assets Liabilities And Equity Cash $ 120 Accounts payable and accruals $ 10 Accounts receivable 240 Short term debt 52 Inventories 360 Long term debt 1,150 Plant and equipment, net 2,160 Common equity 1,668 Total assets $2,880 Total liabilities and equity $2,880 Calculate Pawlson's WACC using market value weights Round your answer to two decimal places Do not round your intermediate calculations

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The Pawlson Company's year end balance sheet is shown below  Its cost of common equity is 14 , its before tax cost of debt is 10 , and its marginal tax rate is 40   Assume that the firm's long term debt sells at par value  The firms total debt, which is the sum of the companys short term debt and long term debt, equals $1,202  The firm has 576 shares of common stock outstanding that sell for $4 00 per share  Assets Liabilities And Equity Cash $ 120 Accounts payable and accruals $ 10 Accounts receivable 240 Short term debt 52 Inventories 360 Long term debt 1,150 Plant and equipment, net 2,160 Common equity 1,668 Total assets $2,880 Total liabilities and equity $2,880 Calculate Pawlson's WACC using market value weights  Round your answer to two decimal places  Do not round your intermediate calculations

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The Pawlson Company's year-end balance sheet is shown below. Its cost of common equity is 14%, its before-tax cost of debt is 10%, and its

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Assets		Liabilities And Equity
Cash	$ 120	Accounts payable and accruals	$ 10
Accounts receivable	240	Short-term debt	52
Inventories	360	Long-term debt	1,150
Plant and equipment, net	2,160	Common equity	1,668
Total assets	$2,880	Total liabilities and equity	$2,880