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FULLS CALCULATOR Tamarisk, Inc. Currently has 790,000 shares of common stock outstanding. Tamarisk, Inc. is considering these two aternatives to finance its construction of a

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FULLS CALCULATOR Tamarisk, Inc. Currently has 790,000 shares of common stock outstanding. Tamarisk, Inc. is considering these two aternatives to finance its construction of a new $2.05 milion plant 1. 2. Issuance of 205,000 shares of common stock at the market price of $10 per share Issuance of $2.05 min, 7% bonds at face value Complete the table. (Round earnings per share to 2 decimal places, ... $2.66.) Issue Stock $1.690,000 Issue Bonds $1,690,000 Income before interest and taxes Interest expense from bonds Income before income taxes Income tax expense (35%) Net Income Outstanding shares Earnings per share Indicate which alternative is preferable preferable

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