ch10

q1

For several years Orbon Incorporated has followed a policy of paying a cash dividend of 5074 per share and having a 6% stock dividend. in the 2023 annual report, Orbon reported restated eamings per share for 2021 of 50,92 Required: a. Calculate the onginally reported earnings per share for 2021 b. Calculate the restated cash dividend per share for 2021 reported in the 2023 annual report for comparative purposes Note: For all requirements, do not round intermediate colculotions. Round your answer to 2 decimal ploces