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AG Electronics is considering two plans for raising $ 1 0 , 0 0 0 , 0 0 0 to expand operations. Plan A is
AG Electronics is considering two plans for raising $ to expand operations. Plan is to issue bonds payable, and plan B is to issue shares of common stock. Befo new financing, AG Electronics has net income of $ and shares of common stock outstanding. Management believes the company can use the new funds to earn addition income of $ before interest and taxes. The income tax rate is Analyze the AG Electronics situation to determine which plan will result in higher earnings per share. Complet fields. Enter a for any zero balances. Round eamings per share amounts to the nearest cent.
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