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1. MC.14.97 2. MC.14.96 Ulmer Company is considering the following alternative financing plans: Plan 1 Plan 2 Issue 8% bonds at face value $2,000,000
1. MC.14.97 2. MC.14.96 Ulmer Company is considering the following alternative financing plans: Plan 1 Plan 2 Issue 8% bonds at face value $2,000,000 $1,000,000 3. MC.14.120.ALGO Issue preferred stock, $15 par 2,000,000 1,500,000 1,500,000 4. EX.14.145 5. EX.14.146 6. MC.14.60 Issue common stock, $10 par Income tax is estimated at 35% of income. Dividends of $1 per share were declared and paid on the preferred stock. Determine the earnings per share of common stock, assuming income before bond interest and income tax is $600,000. Round your answers to two decimal places. 7. MC.14.61 Earnings per Share on Common Stock 8. MC.14.62 Plan 1 Plan 2 9. MC.14.64
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