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HUYUCUNT=%252Fwebapps%252Fblackboard%252Fcontent%252 ATX Remaining Time: 1 hour. 20 minutes, 24 seconds. Question Completion Status: A company issued S100,000 of common shares for expansion at the beginning
HUYUCUNT=%252Fwebapps%252Fblackboard%252Fcontent%252 ATX Remaining Time: 1 hour. 20 minutes, 24 seconds. Question Completion Status: A company issued S100,000 of common shares for expansion at the beginning of the year. Assume that all other accounts stay the same, which of the following would happen the company chose to borrow at 5% interest rate instead of issuing shares? O Both net income and EPS would decrease O Net income would decrease while EPS would increase O Net income would increase while EPS would decrease O Both net income and EPS would increase QUESTION 11 A company grants a half-year warranty on its single product. Historically, approximately 2% of all units sold will prove defective and require an average repair cost of $20 per unit. At the beginnin of the quarter, the balance of Provision for Warranty Repairs was $2.700. During the quarter, 11,500 units of product are sold, and the company repaired 125 defective units. What is the ending balance of Provision for Warranty Repairs for the quarter? O $2,100 $4,800 $4,600 O $200 QUESTION 12 ick Save and Submit to save and submit. Click Save All Answers to save all answers. PDF 1 B FF D 9
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