Llamas de Fama has a weighted average cost of capital of 9.2 percent. The company's cost of capital is 12.8 percent and the cost of debt is 7.4 percent. The tax rate is 22 percent. What is the company's debt-to-equity ratio? (Do not round intermediate calculations and round your answer to 4 decimal places, for example, 32.1616.)

Answer rating: 100% (QA)

To find the companys debttoequity ratio we need to use the weighted average cost of capital WACC for... View the full answer