O 52/03/21 12:13 PM HW Score: 43.50% 10 45 of 24 ph ACCT 202 DE Winter 2021 Homework: Homework Exercise 12-1 Score: 0 of 2 pts E12-20 (similar to) Accondering two plans for raising $3,000,000 is expand operations Plan A is to issue 4% bonds payable, and plan B is to issue 400,000 shares of common stock Before any new financing Af Electones t 300 000 shares of common stock outstanding Management believes the company can use the new funds to eam additional income of $700 000 before interest and bees. The comet is 40% Analys the AF E which will in higher eamings per share. (Complete all answer boxes Ender for any zem balances Round rengs per share amount to th Degin by coming the analysis below for plan A, then plan Plan A $3,000,000 of 4% Bonds Payable Expected income on the w Pincome befor income tax Prije net moo Ener P Ender any number in the edit Selds and then dick Check Answer part emang 2 Type heve so search Char A Queston Hep $300.000 and Check Andwer 12:13 PM 40