What is the impact on the income statement

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Reference no: EM131031668

At the most recent strategic planning meeting, the board of directors of your company has voted to issue additional stock to raise capital for major expansions for the company in the next five years. The board is considering $5 million. Take the most recent financial statements and prepare a set of projected financial statements based on the given assumptions. What is the impact on the income statement?

Reference no: EM131031668

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