Question: Current Assets 30,000,000 Current Liabilities 20,000,000 Fixed Assets 70,000,000 Notes Payable 10,000,000 Total Assets: 100,000,000 Long-term debt 30,000,000 Common Stock 1,000,000 Retained Earnings 39,000,000 Total

Current Assets 30,000,000 Current Liabilities 20,000,000

Fixed Assets 70,000,000 Notes Payable 10,000,000

Total Assets: 100,000,000 Long-term debt 30,000,000

Common Stock 1,000,000

Retained Earnings 39,000,000

Total liabilities & Equity 100,000,000

The notes payable are to banks, and the interest rate on this debt is 7%, the same as the rate on new bank loans. These bank loans are not used for seasonal financing but instead are part of the company's permanent capital structure. The long-term debt consists of 30,000 bonds, each with a par value of $1,000, an annual coupon interest rate of 6%, and a 20-year maturity. The going rate of interest on new long-term debt, rd, is 10%, and this is the present yield to maturity on the bonds. The common stock sells at a price of $50 per share. Calculate the firm's market value capital structure. Do not round intermediate calculations. Round your answers to two decimal places.

Find the following:

Short-term debt?

Long-term debt?

Common Equity?

Total capital?

Thank you!

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