For the year ended December 31, 2019, Spike Inc. reported earnings per share of $5.80. During 2020,

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For the year ended December 31, 2019, Spike Inc. reported earnings per share of $5.80. During 2020, the company had a 4-for-1 stock split.


Required:

Calculate the 2019 earnings per share that will be reported in Spike’s 2020 annual report for comparative purposes.

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Related Book For  answer-question

Accounting What the Numbers Mean

ISBN: 978-1260565492

12th edition

Authors: David Marshall, Wayne McManus, Daniel Viele

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