Peter Johnson, the CFO of Homer Industries, Inc is trying to determine the Weighted Cost of Capital (WACC) based on two different capital structures under consideration to fund a new project. Assume the company’s tax rate is 30%. Component Scenario 1 Scenario 2 Cost of Capital Tax Rate
Debt $5,000,000.00 $2,000,000.00 8% 30%
Preferred Stock 1,200,000.00 2,200,000.00 10%
Common Stock 1,800,000.00 3,800,000.00 13%
Total $8,000,000.00 $8,000,000.00

Who should have a career portfolio, and how often should it be updated? only artists need a career portfolio, which they should update after every gallery show. everyone should have a career portfolio, which they should update daily with their professional activities. all students should have a career portfolio, which they should update ever semester until they graduate. most professionals need a career portfolio, which they should update with regularly with important achievements.