W decimal places. Enter amounts in dollars More Info The board of directors is considering obtaining the $8.5 million either by borrowing at 4% or by issuing an additional 250,000 shares of common stock. This year the company has earned $3,5 million before interest and taxes and has 250,000 shares of $1-par common stock outstanding. The market price of the company's stock is $34.00 per share. Assume that income before interest and taxes is expected to grow by 30% each year for the next two years. The company's marginal income tax rate is 40% Print Done Topside Medical Goods is embarking on a massive expansion. Assume plans call for opening 20 new stores during the next two years. Each store is sch items of inventory and with more elaborate displays Management estimates that company operations will provide $10 million of the cash needed for exp (Click the icon to view information on raising the additional funds.) Read the requirements Requirement 2. Complete the memo to Topside's management discussing the advantages and disadvantages of borrowing and of issuing common stock recommend? To: Management of Topside Medical Goods Subject Advantages and disadvantages of borrowing versus issuing stock to raise cash for expansion The advantages and disadvantages of borrowing to raise cash for expansion are as follows: (If an input field is not used in the table leave the field empty Advantages Disadvantages Tapide Medical Gooch baking news Assomeplans call uponing wheng Box wyears. Each cdo beste has the most comigo com a ineenkory and with more aboate diaplars inapoite emates that company propeodde 31 main of the cash for expansion Top Model be coming soon the know the anal dhe Had the Advantage Diges The method of any kind that would recommends on the goal of the company in relation to this plan the company logo dan plan that higher caring the world.com recomand From any store any imter the mouth and the coming the notes W decimal places. Enter amounts in dollars More Info The board of directors is considering obtaining the $8.5 million either by borrowing at 4% or by issuing an additional 250,000 shares of common stock. This year the company has earned $3,5 million before interest and taxes and has 250,000 shares of $1-par common stock outstanding. The market price of the company's stock is $34.00 per share. Assume that income before interest and taxes is expected to grow by 30% each year for the next two years. The company's marginal income tax rate is 40% Print Done Topside Medical Goods is embarking on a massive expansion. Assume plans call for opening 20 new stores during the next two years. Each store is sch items of inventory and with more elaborate displays Management estimates that company operations will provide $10 million of the cash needed for exp (Click the icon to view information on raising the additional funds.) Read the requirements Requirement 2. Complete the memo to Topside's management discussing the advantages and disadvantages of borrowing and of issuing common stock recommend? To: Management of Topside Medical Goods Subject Advantages and disadvantages of borrowing versus issuing stock to raise cash for expansion The advantages and disadvantages of borrowing to raise cash for expansion are as follows: (If an input field is not used in the table leave the field empty Advantages Disadvantages Tapide Medical Gooch baking news Assomeplans call uponing wheng Box wyears. Each cdo beste has the most comigo com a ineenkory and with more aboate diaplars inapoite emates that company propeodde 31 main of the cash for expansion Top Model be coming soon the know the anal dhe Had the Advantage Diges The method of any kind that would recommends on the goal of the company in relation to this plan the company logo dan plan that higher caring the world.com recomand From any store any imter the mouth and the coming the notes
