Question: For the year ended December 3 1 , 2 0 2 1 , Finco Incorporated reported earnings per share of $ 3 . 9 6
For the year ended December Finco Incorporated reported earnings per share of $
Answer the following questions:
Required:
a During the company had a for stock split. Calculate the earnings per share that will be
reported in Finco's annual report for comparative purposes.
b During Finco had an additional for stock split. Calculate the earnings per share that
will be reported in Finco's annual report for comparative purposes.
c Assume that Finco had issued a stock dividend in and did not have a stock split. Calculate
the earnings per share that will be reported in Finco's annual report for comparative
purposes.
Note: For all requirements, round your answers to decimal places.
a Earnings per share
b Earnings per share
c Earnings per share
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