The board of directors of Blossom Corporation is considering two plans for financing the purchase...
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The board of directors of Blossom Corporation is considering two plans for financing the purchase of new plant equipment. Plan # would require the issuance of $year bonds at face value. Plan # would require the issuance of shares of $ par value common stock that is selling for $ per share on the open market. Blossom Corporation currently has shares of common stock outstanding and the income tax rate is expected to be Assume that income before interest and income taxes is expected to be $ if the new factory equipment is purchased. Prepare a schedule that shows the expected net income after taxes and the earnings per share on common stock under each of the plans that the board of directors is considering. If answer is zero please enter do not leave any fields blank. Round earnings per share to decimal places, eg 
The board of directors of Blossom Corporation is considering two plans for financing the purchase of new plant equipment.
Plan # would require the issuance of $year bonds at face value. Plan # would require the issuance of
shares of $ par value common stock that is selling for $ per share on the open market. Blossom Corporation
currently has shares of common stock outstanding and the income tax rate is expected to be Assume that
income before interest and income taxes is expected to be $ if the new factory equipment is purchased.
Prepare a schedule that shows the expected net income after taxes and the earnings per share on common stock under each
of the plans that the board of directors is considering. If answer is zero please enter do not leave any fields blank. Round
earnings per share to decimal places, eg
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