Question: II. Value 10 points Dayton Inc. is considering two alternatives to finance its construction of a new S5 million plant (a) Issuance of 500,000 shares
II. Value 10 points Dayton Inc. is considering two alternatives to finance its construction of a new S5 million plant (a) Issuance of 500,000 shares of common stock at the market price of S10 per share (b) Issuance of $5 million, 9% bonds at par. Instructions Complete the following table Issue Stock Income taxes Issue Bonds before $2,000,000 interest and $2,000,000 from Interest bonds expense before Income taxes ncome Income (30%) tax expense Net ncome Outstanding shares 700.000 Earnings share per
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