Pineapple Inc. is a smartphone manufacturing firm. The cost of debt of the company for is 11% and the cost of equity is 16%. The tax rate of the company is 15%. If the company's cost of capital is 12.54%, what is the weight of equity over total capital?

Answer rating: 100% (QA)

To find the weight of equity over total capital we need to use the weighted average cost of capital ... View the full answer