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c-1. If the market price for common stock rose to $12 before the restructuring, compute the earnings per share. Continue to assume that $3,045,000
c-1. If the market price for common stock rose to $12 before the restructuring, compute the earnings per share. Continue to assume that $3,045,000 million in debt will be used to retire stock in Plan D and $3,045,000 million of new equity will be sold to retire debt in Plan E. Also assume that return on assets is 10.9 percent. Note: Round your answers to 2 decimal places. Current Plan Plan D Plan E Earnings per share $ 0.52 $ 0.53 $ 0.52 c-2. If the market price for common stock rose to $12 before the restructuring, which plan would then be most attractive? Plan D O Plan E O Current Plan
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