1. Town Crier has 10.2 million shares of common stock outstanding, 2.2 million shares of preferred stock outstanding, and 12.00 thousand bonds. If the common shares are selling for $28.20 per share, the preferred share are selling for $15.70 per share, and the bonds are selling for 96.98 percent of par, what would be the weight used for equity in the computation of Town Crier's WACC?
2. INCOME STATEMENT Pearson Brothers recently reported an EBITDA of $7.5 million and net income of $1.8 million. It had $2.0 million of interest expense, and its corporate tax rate was 40%. What was it’s charge for depreciation and amortization?