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Title: Inkle, Inc. has $200,000 of 10% bonds outstanding (which pay $20,000 interest) and $100,000 of 12% ... Post by: GoodMad_ on Dec 1, 2016 Inkle, Inc. has $200,000 of 10% bonds outstanding (which pay $20,000 interest) and $100,000 of 12% preferred stock (which pay $12,000 dividends). Assume that Inkle's earnings in the upcoming year will be either $50,000 or $100,000. Given these two possibilities, common stockholders' share of earnings will be either ________ or ________.
A) $18,000; $88,000 B) $30,000; $68,000 C) $38,000; $88,000 D) $18,000; $68,000 Title: Re: Inkle, Inc. has $200,000 of 10% bonds outstanding (which pay $20,000 interest) and $100,000 of ... Post by: imoyse on Dec 1, 2016 Content hidden
Title: Re: Inkle, Inc. has $200,000 of 10% bonds outstanding (which pay $20,000 interest) and $100,000 of 12% ... Post by: GoodMad_ on Jan 12, 2017 Deserves two :thumbsup:'s up
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