Question: help please Frey Co. is considering the following alternative financing plans: Income tax is estimated at 40% of income. Determine the earnings per share on
help please
Frey Co. is considering the following alternative financing plans: Income tax is estimated at 40% of income. Determine the earnings per share on common stock, assuming that income before bond interest and income tax is $564,000. Enter answers in dollars and cents, rounding to two decimal places. Plan 1 X Earnings per share on common stock Plan 2 x Earnings per share on common stock
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