With the information given in the balance sheet above and considering that the company has 50 million outstanding shares, which of the following interpretations would be true for Cool Camel? Check all that apply. Cool Camel Water Company has $3,921 million of actual money that it can spend immediately. The asset side of a balance sheet lists the accounts in the order of their liquidity. The book value per share of Cool Camel Water Company’s stock in the second year was approximately $319. Current assets are considered to be illiquid assets and cannot be converted into cash in less than one year. The market value of a company’s stock is always more than its book value.

Examine the following book-value balance sheet for university products inc. the preferred stock currently sells for $30 per share and pays a dividend of $3 a share. the common stock sells for $16 per share and has a beta of 0.9. there are 2 million common shares outstanding. the market risk premium is 9%, the risk-free rate is 5%, and the firm’s tax rate is 40%. book-value balance sheet (figures in $ millions) assets liabilities and net worth cash and short-term securities $ 2.0 bonds, coupon = 6%, paid annually (maturity = 10 years, current yield to maturity = 8%) $ 5.0 accounts receivable 3.0 preferred stock (par value $15 per share) 3.0 inventories 7.0 common stock (par value $0.20) 0.4 plant and equipment 21.0 additional paid-in stockholders’ equity 13.6 retained earnings 11.0 total $ 33.0 total $ 33.0 a. what is the market debt-to-value ratio of the firm? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) b. what is university’s wacc? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)