For purposes of estimating the firm's WACC, what are the weights of long-term debt, preferred stock, and equity given the follow
ing information from the balance sheet: The value of common stock is $60,000, retained earnings equal $40,000, total common equity equals $100,000, preferred stock has a value of $10,000 and long-term debt totals $120,000.
The overall amount of a government's finished product of any and all additional goods produced and services provided with one year is national revenue. The guiding principle for economics and finance is recognizing how national income is produced.
