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How do I calculate outstanding shares? Are the rest of my calculations correct? Fugate Inc. is considering these two alternatives to finance its construction of
How do I calculate outstanding shares? Are the rest of my calculations correct?
Fugate Inc. is considering these two alternatives to finance its construction of a new $1, 502,000 Plant: Issuance of 150, 200 shares of common stock at the market price of $10 per share. Issuance of $1, 502,000, 6% bonds at face value. Complete the table. (Round earnings per share to 2 decimal Places, e.g. $2.66.)Step by Step Solution
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