Question
5. or the year ended December 31, 2013, Spike, Inc., reported earnings per share of $1.44. During 2014, the company had a 4-for-1 stock split.
5.
| or the year ended December 31, 2013, Spike, Inc., reported earnings per share of $1.44. 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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Cornerstones of Managerial Accounting
Authors: Maryanne M. Mowen, Don Hanson, Dan L. Heitger, David McConomy, Jeffrey Pittman
2nd Canadian edition
978-0176721237, 978-0176530884
