Kountry Kitchen has a cost of equity of 11.8 percent, a pretax cost of debt...

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Kountry Kitchen has a cost of equity of 11.8 percent, a pretax cost of debt of 6.4 percent, and the tax rate is 24 percent. If the company's WACC is 8.95 percent, what is its debt-equity ratio? Multiple Choice .41 .83 70 1.67 1.43
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Kountry Kitchen has a cost of equity of 11.8 percent, a pretax cost of debt of 6.4 percent, and the tax rate is 24 percent. If the company's wACC is 8.95 percent, what is its debt-equity ratio? Multiple Choice 41 83 20 167 143

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