Current Attempt in Progress Wildhorse Ltd, is considering two alternatives to finance its construction of...
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Accounting
Current Attempt in Progress Wildhorse Ltd, is considering two alternatives to finance its construction of a new 2 million plant. (a) Issuance of 164,000 shares of ordinary shares at the market price of 610 per share. (b) Issuance of 1,640,000,6% bonds at face value. Complete the following table. (Round earnings per shore to 2 decimal ploces, es. 0.25.) Indicate which aiternative is preferable. Net income is if shares is used. However, earnings per share is than earnings per share if bond because of the additional shares that are outstanding
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