The following data concerning Sumitomo Co' capital structure is available. ¥ millions Accounts Payable & Accruals Short-term notes Long-term debt Preferred Stock Common Stock Total Book Values Market Values ¥300 ¥150 ¥150 ¥450 ¥600 ¥75 ¥150 ¥600 ¥1500 ¥1575 ¥2400

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter4: The Balance Sheet And The Statement Of Shareholders' Equity
Section: Chapter Questions
Problem 16P: Ratios Analyses: McCormick Refer to the information for McCormick above. Additional information for...
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Use the following information to answer the following question(s).

a) What is the percentage of common stock in Sumitomo's weighted average cost of capital?

b) What is the percentage of debt in Sumitomo's weighted average cost of capital?

c) What is the percentage of preferred stock in Sumitomo's weighted average cost of capital?

d) What is the total capital that should be used in computing the weights for Sumitomo's WACC?

The following data concerning
Sumitomo Co' capital structure is available.
¥ millions
Accounts Payable &
Accruals
Short-term notes
Long-term debt
Preferred Stock
Common Stock
Total
Book Values
Market Values
¥300
¥150
¥150
¥450
¥600
¥75
¥150
¥600
¥1500
¥1575
¥2400
Transcribed Image Text:The following data concerning Sumitomo Co' capital structure is available. ¥ millions Accounts Payable & Accruals Short-term notes Long-term debt Preferred Stock Common Stock Total Book Values Market Values ¥300 ¥150 ¥150 ¥450 ¥600 ¥75 ¥150 ¥600 ¥1500 ¥1575 ¥2400
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