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Alternative Financing Plans Desmond Co. is considering the following alternative financing plans: Income tax is estimated at 40% of income. Determine the earnings per share

image text in transcribed Alternative Financing Plans Desmond Co. is considering the following alternative financing plans: Income tax is estimated at 40% of income. Determine the earnings per share of common stock, assuming that income before bond interest and income tax is $528,000. Enter answers in dollars and cents, rounding to two decimal places. Plan 1 Earnings per share on common stock Plan 2 $ Earnings per share on common stock

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