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Use the Dynamic Exhibit to answer the following questions. 1. Which plan provides the highest earnings per share on common stock when earnings before
Use the Dynamic Exhibit to answer the following questions. 1. Which plan provides the highest earnings per share on common stock when earnings before interest and income taxes is $800,000? a. Plan 1 b. Plan 2 c. Plan 3 2. Which plan provides the highest earnings per share on common stock when earnings before interest and income taxes is $440,000? a. Plan 1 b. Plan 2 c. Plan 3 3. Huckadee Corporation incurs interest expense under which plan? a. Plan 1 b. Plan 2 c. Plan 3 4. Which plan carries the highest amount of risk? Use your judgement. a. Plan 1 b. Plan 2 c. Plan 3
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