(Defining capital structure weights) In August 2015 the capital structure of the Emerson Electric Corporation (EMR) (measured in book and market values) was as follows: (5 Millions) Book Value Market Value Short-term debt $2,500 $2,500 Long-term debt 4,200 4,200 Common equity 8,035 35,620 Total capital $14,735 $42,320 (Click on the icon in order to copy its contents into a spreadsheet) What weights should Emerson use when computing the firm's weighted average cost of capital? The appropriate weight of debt, we, is % (Round to one decimal place.) The appropriate weight of common equity, Wars % (Round to one decimal place.)