A company has 3 million shares of common stock outstanding


Question - A company has 3 million shares of common stock outstanding, 2.0 million shares of preferred stock outstanding, and 75,000 bonds. If the common shares are selling for $63 per share, the preferred shares are selling for $57.00 per share, and the bonds are selling for 103 percent of par.

What would be the weights used in the calculation.

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Accounting Basics: A company has 3 million shares of common stock outstanding
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