Determine the common stock for Bertinelli Corp. based on the…

Determine the common stock for Bertinelli Corp. based on the following information: cash = $370,000; patents and copyrights = $770,000; accounts payable = $500,000; accounts receivable = $159,000; tangible net fixed assets = $3,300,000; inventory = $255,000; notes payable = $190,000; accumulated retained earnings = $1,295,000; long-term debt = $1,730,000.

Granite Works maintains a debt-equity ratio of .65 and has a…

Granite Works maintains a debt-equity ratio of .65 and has a tax rate of 32 percent. The pretax cost of debt is 9.8 percent. There are 25,000 shares of stock outstanding with a beta of 1.2 and a market price of $19 a share. The current market risk premium is 8.5 percent and the current risk-free rate is 3.6 percent. This year, the firm paid an annual dividend of $1.10 a share and expects to increase that amount by 2 percent each year. Using an average expected cost of equity, what is the weighted average cost of capital?