refer to the following information and provide the weighted average cost of capital (WACC). Category Rate...

refer to the following information and provide the weighted average cost of capital (WACC).

Category	Rate (%)	Amount ($)	Annual Cost
Current Liabilities, Except Bank Debt	0%	650,000
Notes Payable to Banks, Short-Term	12%	230,000
Long-Term Debt	8%	245,000	18,000
Lease Contracts	14%	205,000
Loans from Shareholders	8%	1,200,000
Stockholders' Equity		1,875,000	12,000
Totals

Expert Solution

jeff jeffy answered 1 year ago

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