Question: (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:

 (Defining capital structure weights) In August 2015 the capital structure of
the Emerson Electric Corporation (EMR) (measured in book and market values) was

(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: (s Millions) Book Value Market Value Short-term debt $2,564 $2,564 The appropriate weight of debt, wg, is 16.2 %. (Round to one decimal place.) The appropriate weight of common equity, Weg, is % (Round to one decimal place) ( Millions) BOOK value Market value Short-term debt $2,564 $2,564 Long-term debt 4,378 4,378 Common equity 8,105 35,779 Total capital $15,047 $42,721 The appropriate weight of debt, wd, is 16.2 %. (Round to one decimal place.) The appropriate weight of common equity, Wes, is %. (Round to one decimal place.)

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