Calculate EPS reported before stock split andstock dividend. During the fiscal y

Question

   Calculate EPS reported before stock split andstock dividend.     During the fiscal year ended september30,2009 Worrell, Inc. had a 2 for 1 stock split and a 5% stockdividend. In it's annual report for 2009, the company reportedearnings per share for the year ended september 30 2008, on arestated basis of $.60. Required: Calculate the originally reported earnings per share for theyear ended september 30 2008    Calculate EPS reported before stock split andstock dividend.     During the fiscal year ended september30,2009 Worrell, Inc. had a 2 for 1 stock split and a 5% stockdividend. In it's annual report for 2009, the company reportedearnings per share for the year ended september 30 2008, on arestated basis of $.60. Required: Calculate the originally reported earnings per share for theyear ended september 30 2008

Explanation / Answer

EPS before split   =   $0.60 x 2=   $1.20

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.