owakonze inc owakonze a privately owned corporation is in need of 5000000 to finance an expansion of its operations management is considering three/

Required:
a. Calculate projected net income for Owakonze under the three financing alternatives.
b. Calculate basic earnings per share and return on shareholders’ equity under the three financing alternatives.
c. Prepare a report to Owakonze’s management explaining the effect of each of the financing alternatives on the financial statements. Include in your report a discussion of the pros and cons of each financing alternative. Also, make a recommendation as to which alternative it should choose. Support your recommendation.