Question: For the year ended December 31, 2013, Spike, Inc., reported earnings per share of $1.16. During 2014, the company had a 4-for-1 stock split. Required:

For the year ended December 31, 2013, Spike, Inc., reported earnings per share of $1.16. During 2014, the company had a 4-for-1 stock split.

Required:
Calculate the 2013 earnings per share that will be reported in Spike, Inc.'s 2014 annual report for comparative purposes.

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