Andyco, Inc., has the following balance sheet and an equity market-to-book ratio of 1.3. Assuming...

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Finance

Andyco, Inc., has the following balance sheet and an equity market-to-book ratio of 1.3. Assuming the market value of debt equals its book value, what weights should it use for its WACC calculation?

Assets

Liabilities & Equity

$1,040

Debt

$420

Equity

$620

The debt weight for the WACC calculation is

______%.

(Round to two decimal places.)

The equity weight for the WACC calculation is

______%.

(Round to two decimal places.)

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