Zonk Corp
the Following Data Pertains to Zonk Corp -Determine the Weight on Equity Capital That Should Be Used

question 15

Multiple Choice

Zonk Corp.
The following data pertains to Zonk Corp., a manufacturer of ball bearings (dollar amounts in millions) :
$\begin{array}{l}\begin{array} { l } \text { Tatal assets } \\\text { Interest-bearing debt } \\\text { Average pre-tax borrowring } \\\text { Cammon equity: } \\\text { Badk value } \\\text { Market value } \\\text { Incame tax rate } \\\text { Market equity beta }\end{array}\begin{array} { r } \$ 7460\\\$ 3652\\10.5 \%\\\\\$2950 \\\$13685 \\35\% \\1.13\end{array}\end{array}$
-Determine the weight on equity capital that should be used to calculate Zonk's weighted-average cost of capital:

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Definitions:

Construction Workers

Skilled and unskilled workers involved in the physical construction of infrastructure, buildings, and other real estate projects.

Seasonal

Referring to fluctuations in economic or activity patterns during certain seasons of the year, often due to weather or cultural events.

Business Cycle

The natural rise and fall of economic activity over time, characterized by periods of expansion and contraction.

African American Workers

Individuals of African descent in the United States who are part of the labor force, facing both historical and modern-day challenges and opportunities in the workplace.