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please solve parts A and B Effect of Financing on Eamings Per Shate Three iff ferent plans for financong a $6,600,000 corporation are under conisideration

please solve parts A and B image text in transcribed
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Effect of Financing on Eamings Per Shate Three iff ferent plans for financong a $6,600,000 corporation are under conisideration by its ordanizers. Under each of the following plans, the securities wil be issued at their par or face amount, and the income tax rate is estimated at 40% of income. Instructions 1. Deteimine for each plan the earnings pec share of carmenon stock, asiaming that the ancome beiore bond interest and income tax is 513,200,000. 2. Determine for each plan the earnings per share of common stock; assuming that the income before bond interest and income tax is 56,270,000. Fachituss nece share of camman strek 3. Recuridirg the three plans, which of the following statements is true? Pian 1 requiresa dividend dayment to preferred steckholders before a common dividemil cata the phid

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