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Effect of Financing on Earnings Aer share Three different plans fot financing 3$6,600,000 corporation are under consideration by its organizers: Unider each of the following

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Effect of Financing on Earnings Aer share Three different plans fot financing 3$6,600,000 corporation are under consideration by its organizers: Unider each of the following plans, the secutities will be issued at their par or face amount, and the income tax rate is estimated at 40% of income. Instructions! 1. Detrmaine for each plan the eacnings per share of comimon stock, assuming that the income before bond interest and income tax is 513,200,000

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