X vity: WACC Video Excel Online Structured Activity: WACC The Paulson Company's year-end balance sheet is shown below. Its cost of common equity is 16%, its before-tax cost of debt is 10%, and its marginal tax rate is 40%. Assume that the nirm's long-term debt sells at par value. The firm's total debt, which is the sum of the company's short-term debt and long-term debt, equals $1,157. The firm has 576 shares of common stock outstanding that sell for $4.00 per share. The data has been collected in the Microsoft Excel Online fille below. Open the spreadsheet and perform the required analysis to answer the question below. X Open spreadsheet Calculate Paulson's WACC using market value weights. Round your answer to two decimal places. Do not round your Intermediate calculations. Liabilities And Equity Assets $ 10 $ 120 Accounts payable and arenale Cash Open spreadsheet Calculate Paulson's WACC using market value weights. Round your answer to two decimal places. Do not round your Intermediate calculations. A- Assets Liabilities And Equity Cash $ 120 Accounts payable and accruals $ 10 Accounts receivable 240 Short-term debt 42 Inventories 360 Long-term debt $1,110 2,160 Plant and equipment, net 1,713 Common equity $2,880 Total assets Total liabilities and equity $2,880 % Arial 10 BOA Currency B19 B D G H 16.00% 10.00% 40.00% 576 $4.00 Yes 1 WACC 2 3 Cost of common equity (r.) Before-tax cost of debt (ra) 15 Marginal tax rate (T) 6 Common shares outstanding 7 Current stock price 8 Long-term debt sells at par value 9 10 Balance Sheet: 11 Assets 12 Cash 13 Account receivabl 14 Inventories 15 Plant and equipment. net 16 Total assets 17 18 19 Market value of total debt $120.00 $240.00 $360.00 $2,160.00 $2,880.00 Liabilities and Equity Accounts payable and accruals Short-term debt Long-term debt Common equity Total liabilities and equity $10.00 $47.00 $1,110.00 $1,713.00 $2,880.00 Formulas #N/A UNA