During the fiscal year ended June 30, 2014, Jones Co. had a 3-for-1 stock split. In its

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During the fiscal year ended June 30, 2014, Jones Co. had a 3-for-1 stock split. In its annual report for 2014, the company reported earnings per share for the year ended June 30, 2013, on a restated basis, of $0.90.

Required:
Calculate the originally reported earnings per share by Jones Co. for the year ended June 30, 2013.

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Related Book For  book-img-for-question

Accounting What the Numbers Mean

ISBN: 978-0078025297

10th edition

Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele

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