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c-1. If the market price for common stock rose to $10 before the restructuring, compute the earnings per share. Continue to assume that $3,020,000
c-1. If the market price for common stock rose to $10 before the restructuring, compute the earnings per share. Continue to assume that $3,020,000 million in debt will be used to retire stock in Plan D and $3,020,000 million of new equity will be sold to retire debt in Plan E. Also assume that return on assets is 10.4 percent. Note: Round your answers to 2 decimal places. Earnings per share Current Plan Plan D Plan E c-2. If the market price for common stock rose to $10 before the restructuring, which plan would then be most attractive? O Plan E O Plan D O Current Plan
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