Assume Skyler Industries has debt of $4,343,000 with a cost of capital of 7.8% and equity of $5,757,000 with a cost of capital of 10.1%. What is Skyler's weighted average cost of capital? Round your intermediate calculations and final answer to 3 decimal places.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 7EA: Assume Skyler Industries has debt of $4,500,000 with a cost of capital of 7.5% and equity of...
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Assume Skyler Industries has debt of $4,343,000 with a cost of capital of 7.8% and equity of $5,757,000 with a cost of capital of 10.1%. What is Skyler's weighted average cost of capital? Round your intermediate calculations and final answer to 3 decimal
places.
Transcribed Image Text:Assume Skyler Industries has debt of $4,343,000 with a cost of capital of 7.8% and equity of $5,757,000 with a cost of capital of 10.1%. What is Skyler's weighted average cost of capital? Round your intermediate calculations and final answer to 3 decimal places.
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