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:
Computerized Cash Register
An electronic device designed to handle sales transactions, equipped with the ability to store, process, and record sales data.
Supply Partnership
A strategic relationship between a supplier and a buyer aimed at improving efficiency, quality, and competitiveness.
Microprocessors
Integrated circuits that contain the basic functions of a central processing unit (CPU) of a computer, performing calculations and operations necessary to run software.
Supply Partnership
A strategic agreement between a buyer and a supplier aimed at increasing the value both parties receive from the relationship, often involving cooperation and long-term engagement.
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