Question
5. For the year ended December 31, 2013, Spike, Inc., reported earnings per share of $1.08. During 2014, the company had a 4-for-1 stock split.
5.
For the year ended December 31, 2013, Spike, Inc., reported earnings per share of $1.08. During 2014, the company had a 4-for-1 stock split.
| Required: |
| Calculate the 2013 earnings per share that will be reported in Spike, Inc.'s 2014 annual report for comparative purposes. (Round your answer to 2 decimal places.) Earnings per share: _____________________ |
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
10th edition
978-1-119-3061, 1119306167, 978-1119444367
