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The Most Recent Data for Harper Housewares Is Given Below

Question 9

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The most recent data for Harper Housewares is given below:
Balance Sheet Data
 Cash 250,000 Accounts Payable 480,000 Marketable Securities 150,000 Notes Payable 425,000 Receivables 350,000 Long Term Debt 1,465,000 Inventory 800,000 Preferred Equity 430,000 Net Fixed Assets 3,450,000 Common Equity 1,400,000 Total Assets 5,000,000 Retained Earnings 800,000 Total Liabilities and Equity 5,000,000\begin{array} { l r r r } \text { Cash } & 250,000 & \text { Accounts Payable } & 480,000 \\ \text { Marketable Securities } & 150,000 & \text { Notes Payable } & 425,000 \\ \text { Receivables } & 350,000 & \text { Long Term Debt } & 1,465,000 \\ \text { Inventory } & 800,000 & \text { Preferred Equity } & 430,000 \\ \text { Net Fixed Assets } & \underline { 3,450,000 } & \text { Common Equity } & 1,400,000 \\ \text { Total Assets } & 5,000,000 & \text { Retained Earnings } & \underline { 800,000 } \\ & & \text { Total Liabilities and Equity } & 5,000,000 \end{array}
Market Data
\quad\quad\quad\quad\quad\quad\quad price \quad shares  outstandings
Preferred Equity $60.0050,000\quad \$ 60.00 \quad 50,000
Common Equity $35.00100,000\quad \$ 35.00 \quad 100,000 What are Harper's weights for debt, common equity and preferred equity?

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