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Example:5 billion in annual sales worldwide At the beginning of its 2015 fiscal year, it had $6.

I need help with the equation for calculating WACC. Example:

$13.5 billion in annual sales worldwide

At the beginning of its 2015 fiscal year, it had $6.5 billion in total debt

At the end of fiscal year 2015, its total debt had increased to $6.6 billion

2015 interest expense was $227 million

statutory tax rate was 37%

estimated market beta of 0.60

expected risk-free rate is 2.5%

expected market premium is 5%

Total market capitalization as of 12/31/2015 = $26.7 billion

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