Based on the data in Exercise 12-1, what factors other than earnings per share should be considered in evaluating these alternative financing plans?

Data from Exercise 12-1:

Kelton Co., which produces and sells skiing equipment, is financed as follows:
Bonds payable, 8% (issued at face amount)................................$20,000,000
Preferred $2 stock, $10 par..............................................................20,000,000
Common stock, $25 par....................................................................20,000,000
Income tax is estimated at 40% of income.