ikysong Inc. is considering these two alternatives to finance its construction of a new $1.20...
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ikysong Inc. is considering these two alternatives to finance its construction of a new $1.20 million plant: 1. Issuance of 120,000 shares of common stock at the market price of $10 per share. 2. Issuance of $1.20 million, 6% bonds at face value. Complete the table. (Round earnings per share to 2 decimal places, e.g. 2.66.) Indicate which alternative is preferable. is preferable
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ikysong Inc. is considering these two alternatives to finance its construction of a new $1.20 million plant: 1. Issuance of 120,000 shares of common stock at the market price of $10 per share. 2. Issuance of $1.20 million, 6% bonds at face value. Complete the table. (Round earnings per share to 2 decimal places, e.g. 2.66.) Indicate which alternative is preferable. is preferable 