Alternative Financing Plans – $440,000 Earnings
{"Image DocumentName": "Alternative Financing Plans \u2013  440,000 Earnings", "Image ImageDescription": "Rencana 1 Rencana 2 Rencana % bonds \u2014 \u2014  2,000,000. Preferred 9% stock,  50 par \u2014  2,000,000 1,000,000. Common stock,  10 par  4,000,000 2,000,000 1,000,000. Total  4,000,000  4,000,000  4,000,000. Earnings before interest. and income tax   440,000   440,000   440,000. Deduct interest on bonds \u2014 \u2014 240,000. Income before income tax   440,000   440,000   200,000. Deduct income tax 176, ,000 80,000. Net income   264,000   264,000   120,000. Dividends on preferred stock \u2014 180,000 90,000. Available for dividends   264,000   84,000   30,000. Shares of common stock \u00f7400,000 \u00f7200,000 \u00f7100,000. Earnings per share   0.66   0.42   0.30.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}