I was given the answer by my teacher. what I don't know is how to figure out the percentages in the third column. (the capital structure) Willerton Industries Inc. has the following balances in its capital accounts as of 12/31/x3: Long Term Debt $65,000,000 Preferred Stock $15,000,000 Common Stock $40,000,000 Paid in Excess $15,000,000 Retained Earnings $37,500,000 Calculate Willerton’s capital structure based on book values. SOLUTION ($M) $ % Debt $65.0 37.7 Preferred Stock 15.0 8.7 Equity 92.5 53.6 Total $172.5 100.0
I was given the answer by my teacher. what I don't know is how to figure out the percentages in the third column. (the capital structure)
- Willerton Industries Inc. has the following balances in its capital accounts as of 12/31/x3:
Long Term Debt $65,000,000
Common Stock $40,000,000
Paid in Excess $15,000,000
Calculate Willerton’s capital structure based on book values.
SOLUTION ($M)
$ %
Debt $65.0 37.7
Preferred Stock 15.0 8.7
Equity 92.5 53.6
Total $172.5 100.0
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
