Question: Calculate EPS reported before stock split and stock dividend - During the fiscal year ended September 30, 2017, Worrell, Inc., had a 2-for-1 stock split

Calculate EPS reported before stock split and stock dividend - During the fiscal year ended September 30, 2017, Worrell, Inc., had a 2-for-1 stock split and a 5% stock dividend. In its annual report for 2017, the company reported earnings per share for the year ended September 30, 2016, on a restated basis, of $1.20

Required: Calculate the originally reported earnings per share for the year ended September 30, 2016.

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