Skolits corp. has a cost of equity of 11.3 percent and an aftertax cost of debt of 4.29 percent. the company's balance sheet lists long-term debt of $315,000 and equity of $575,000. the company's bonds sell for 95.7 percent of par and market-to-book ratio is 2.65 times. if the company's tax rate is 40 percent, what is the wacc?

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $360,000; cash paid for rent, $44,000; cash paid to employees for services rendered during the year, $124,000; cash paid for utilities, $54,000.in addition, you determine that customers owed the company $64,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,400 at year-end, and the rent payment was for a two-year period.calculate accrual net income for the year.