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 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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