Waketown Marina needs to raise $ $2\mathrm{.}0$ million to expand the company. The company is considering issuing$$ either:Waketown Marina needs to raise $$2\mathrm{.}0$ million to expand the company. The company is

considering issuing either:

$$2,000,000$ of $6\%$ bonds payable to borrow the money; or

$100,000$ shares of common stock at $$20$ per share.

$($Click the icon to view additonal information.$)$

Read the requirements.

Start by preparing the analysis to determine which plan is likely to result in higher earnings

per share $($EPS$).($For amounts with a $$0$ balance, make sure to enter $"0"$ in the

appropriate column.$)$

times $ $2$ comma $000$ comma $000$ of $6\%$ bonds payable to borrow the$$ money; or

times $100$ comma $000$ shares of common stock at $ $20$ per share