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

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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