During the fiscal year ended June 30, 2023, Jones Co. had a 4-for-1 stock split. In its
Question:
During the fiscal year ended June 30, 2023, Jones Co. had a 4-for-1 stock split. In its annual report for 2023, the company reported earnings per share for the year ended June 30, 2022, on a restated basis, of $1.35.
Required:
Calculate the originally reported earnings per share by Jones Co. for the year ended June 30, 2022.
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EPS for 2022 as restated in 2023 annual report 135 ...View the full answer
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