Andyco inc has the following balance sheet and an equity, Finance Basics

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Andyco inc has the following balance sheet and an equity

Question: Andyco, Inc., has the following balance sheet and an equity market-to-book ratio of 1.6. Assuming the market value of debt equals its book value, what weights should it use for its WACC calculation? The debt weight for the WACC calculation is %. (Round to two decimal places.)

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Finance Basics: Andyco inc has the following balance sheet and an equity

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