Jenson Co. is considering the following alternative plans for financing the company:? 
Income tax is estimated at 40% of income.Determine the earnings per share of common stock under the two alternative financing plans, assuming income before bond interest and income tax is $1,000,000.?
Definitions:
Affirmative Premise
A statement within a logical argument that positively asserts a relationship or condition, contributing towards the conclusion.
Proposition
A formulated idea or plan suggested for acceptance; a plan of action.
Standard Form
A recognized format for presenting information or arguments in a structured and consistent manner.
Pure Hypothetical
A scenario or statement based solely on conjecture without any factual basis or actual case reference.
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