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edugen. Kimmel, Financlal Accounting, Be, Custom for Unlversity of Akron Help I System Annosuncements . BACK NEXT | CALCULATOR | | PRINTER VERSION | 11-24
edugen. Kimmel, Financlal Accounting, Be, Custom for Unlversity of Akron Help I System Annosuncements . BACK NEXT | CALCULATOR | | PRINTER VERSION | 11-24 11-6 11-12 11-10 Brlef Exercise 11-11 (Part Level Submission) new $1.85 milion plant 1. Issuance of 185,000 shares of common stock at the market price of $10 per share. 2, Issuance of $1.85 million, 8% bonds at face value. necumenty has 750,000 shares of common stock outstanding. Ssge HllInc. is considering these two altermatives to finance its construction of a y Study(a) Complete the table. (Round earnings per share to2 decimal places, e.g. $2.66.) Issue Stock Issue Bonds Income before interest and taxes Interest expense from bonds Income before income taxes Income tax expense (30%) $1,650,000 $1,650,000 Net income Outstanding shares 750,000 Earnings per share LINK TO TEXT INTERACTIVE TUTORIAL empts: 0 of 3 used SAVE FOR LATER SUDMIT
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