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Other Fields Homework Help Accounting Topic started by: LiChan on Dec 13, 2016



Title: The following information was provided for Mr. Rooter Company. The company had total assets of ...
Post by: LiChan on Dec 13, 2016
The following information was provided for Mr. Rooter Company. The company had total assets of $2,300,000. Of these assets $805,000 was financed with debt at 9%. $1,495,000 was financed with equity capital when the cost of equity financing was 21%. What is Mr. Rooter's weighted cost of financing equity?
A) 21.00%
B)   7.35%
C) 13.65%
D)   5.85%


Title: Re: The following information was provided for Mr. Rooter Company. The company had total assets of ...
Post by: hol23 on Dec 15, 2016
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Title: Re: The following information was provided for Mr. Rooter Company. The company had total assets of ...
Post by: LiChan on Jan 26, 2017
Wow!