Question: Calculate EPS reported before stock split and stock dividend During the fiscal year ended September 30, 2020, Worrell Inc. had a 2-for-1 stock split and

Calculate EPS reported before stock split and stock dividend

During the fiscal year ended September 30, 2020, Worrell Inc. had a 2-for-1 stock split and a 5% stock dividend. In its annual report for 2020, the company reported earnings per share for the year ended September 30, 2019, on a restated basis, of $1.20.

Required:

Calculate the originally reported earnings per share for the year ended September 30, 2019.

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