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any help would be appreciated please and thanks The following is a chart for BigTech Inc. Plan A - Issue Stock Plan B - Issue
any help would be appreciated please and thanks
The following is a chart for BigTech Inc. Plan A - Issue Stock Plan B - Issue Bonds Income before interest and taxes $1,255,000 $1,255,000 Interest (9.8% x $2,500,000) $245,000 Income before income taxes $1,255,000 $1,010,000 Income tax expense (22%) $276,100 $222,200 Net Income $978,900 $787,800 Outstanding shares 200,000 125,000 Earnings per share ??? ??? From the chart above, determine the earnings per share for issuance of stock Step by Step Solution
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