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Ch. 10 Homework W varters Gnice dinner places Explore Ticket Optio MQuestion 1-Ch. 10. Seve Help Save & Exit Submit 25 pois 1 elook
Ch. 10 Homework W varters Gnice dinner places Explore Ticket Optio MQuestion 1-Ch. 10. Seve Help Save & Exit Submit 25 pois 1 elook B Print References Exercise 10-7 (Algo) Effects of stock split and stock dividend on EPS LO 10-9 For the year ended December 31, 2021, Finco Incorporated reported earnings per share of $3.12. Answer the following questions: Required: a. During 2022, the company had a 3-for-1 stock split. Calculate the 2021 earnings per share that will be reported in Finco's 2022 annual report for comparative purposes b. During 2023, Finco had an additional 2-for-1 stock split. Calculate the 2021 earnings per share that will be reported in Finco's 2023 annual report for comparative purposes. c. Assume that Finco had issued a 10% stock dividend in 2022 and did not have a stock split. Calculate the 2021 earnings per share that will be reported in Finco's 2022 annual report for comparative purposes Note: For all requirements, round your answers to 2 decimal places. a Eamings per share b. Eamings per share Eamings per share Check my work
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