$12$

Exercise $10-8($Static$)$ Calculate EPS and effect of stock split on EPS LO $10-9$

$174$

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Pint

firterences

During the yeat ended December $31,2023,$ Gliso incorporated spilt its stock on a $3-$for$-1$ basis in its amnual report for $2022,$ the firm reported net income of $$442890$ for $2022,$ with an average $155,400$ shates of common stork outstanding for that year There was no preferreds stock.

Required:

a$.$ What amount of net income for $2022$ will Le reported in Gluco's $2023$ annual report?

b$.$ Calculate Gluco's earnings per share for $2022$ that would thawe beeri reported in the $2022$ annual, report.

Note: Round your answer to $2$ decimal places.

c$.$ Calculate Gluco's earnings per share foy $2022$ that will be reported in the $2023$ annual report for comparative purposes Note: Round your answer to $2$ decimal places.