Question: AF electronics Is considering two plans for raising $ 1 million to expand operations plan A is to issue 8 % bonds payable and Plan

AF electronics Is considering two plans for raising $1 million to expand operations plan A is to issue 8% bonds payable and Plan B is to issue 100,000 shares of common stock before any new financing electronics has an income of 150,000 and 700,000 shares of common stock outstanding. management believes the company can use new funds to earn additional income of 300,000 interest and taxes income tax rate is 21% analyze AF electronic situation to determine which plan will result in higher earning per share
AF electronics Is considering two plans for raising $1 million to

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