Kindly help me with accounting questions Tech Solutions Corp has the following financial information:Total market value of company's stock: $900 million Total marketvalue of company's debt: $300 millionWhat is the weighted average of the company's debt?A. 15.25%B. 25.00%C. 33.33%D. 75.00%E. 85.50%

Solution:The weighted average of the company's debt is the proportion of the total capital…

Answered: Tech Solutions Corp has the following…

Corporate Fin Focused Approach

5th Edition

ISBN:9781285660516

Author:EHRHARDT

Publisher:EHRHARDT

Chapter3: Analysis Of Financial Statements

Section: Chapter Questions

Problem 1STP

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Tech Solutions Corp has the following financial information: Total market value of company's stock: $900 million Total market value of company's debt: $300 million What is the weighted average of the company's debt? A. 15.25% B. 25.00% C. 33.33% D. 75.00% E. 85.50%