(Defining capital structure weights) In August of 2009 the capital structure of the Emerson Electric Corporation (EMR) (measured in book and market values) appeared as follows:
| (Thousands of dollars)||Book Values||Market Values|
| Short-term debt||$1,172,000||1,172,000|
| Long-term debt||11,917,000||11,917,000|
What weights should Emerson use when computing the firm’s weighted average cost of capital?
The appropriate weight of debt,
Need assignment help for this question?
If you need assistance with writing your essay, we are ready to help you!
Why Choose Us: Cost-efficiency, Plagiarism free, Money Back Guarantee, On-time Delivery, Total Сonfidentiality, 24/7 Support, 100% originality
(Round to one decimal place.)
The appropriate weight of common equity,