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14-2 Based on the data in 14-1, what factors other than earnings per share should be considered in evaluating these alternative financing plans? EX 14-1
14-2 Based on the data in 14-1, what factors other than earnings per share should be considered in evaluating these alternative financing plans?
EX 14-1 Effect of financing on earnings per share Domanico Co., which produces and sells biking equpment, is financed as follows: OBJ. 1 Bonds payable, 696 (issued at face amount) Preferred $2.00 stock, $100 par Common stock, $25 par $5,000,000 5,000,000 5,000,000 Income tax is estimated at 40% of income Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is (a) $600,000, (b) $800,000, and (c) $1,200,000. EX 14-2 Evaluate alternative financing plans should be considered in evaluating these alternative financing plans? EX 14-3 Corporate financing OBJ. 1 Based on the data in Exercise 14-1, what factors other than earnings per share OBJ. 1 The financial statements for Nike, Inc., are presented in Appendix D at the end of the textuStep by Step Solution
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