For the year ended December 31, 2019, Spike Inc. reported earnings per share of $5.80. During 2020,
Question:
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
Accounting What the Numbers Mean
ISBN: 978-1260565492
12th edition
Authors: David Marshall, Wayne McManus, Daniel Viele
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