Question: Current assets 1,111,111 Long-term assets 3,888,889 Total assets 5,000,000 Current liabilities 435,531 Long-term liabilities 3,173,133 Owners' equity 1,391,336 Book value versus market value components. Compare

Current assets 1,111,111 Long-term assets 3,888,889 Total assets 5,000,000 Current liabilities 435,531 Long-term liabilities 3,173,133 Owners' equity 1,391,336

Book value versus market value components. Compare Trout, Inc. with Salmon Enterprises, using the balance sheet of Trout and the market data of Salmon for the weights in the weighted average cost of capital: debt is 11.4% for both companies and the cost of equity is 16.44%, which company has the higher WACC? What is the book value adjusted WACC for Trout, Inc.? % (Round to two decimal places.) If the after-tax cost of

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