Binomlal Tree Farm's financing Includes $7.1 milion of bank loans. Its common equity Is shown In Binomlal's Annual Report at $6.87 million. It has 420.000 shares of common stock outstanding. which trade on the wichita Stock Exchange at $16.30 per share. What debt ratio should Binomial use to calculate its WACC or asset beta?. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Debt ratio

Binomlal Tree Farm's financing Includes $7.1 milion of bank loans. Its common equity Is shown In Binomlal's Annual Report at $6.87 million. It has 420.000 shares of common stock outstanding. which trade on the wichita Stock Exchange at $16.30 per share. What debt ratio should Binomial use to calculate its WACC or asset beta?. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Debt ratio

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter14: Long-term Liabilities: Bonds And Notes

Section: Chapter Questions

Problem 1PEB: Brower Co. is considering the following alternative financing plans: Income tax is estimated at 40%...

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An analyst has determined that the appropriate EV/EBITDA for Rainbow Company is 9.6. The analyst has also collected the following forecasted information for Rainbow Company: EBITDA 21,520,490 = Market value of debt = 55,130,410 Cash 1,665,658 = Compute the value of equity for Rainbow Company. (Enter your answer as a number, rounded to the nearest whole number, like this: 1234) Type your answer...
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