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During the fiscal year ended September 30, 2023, Worrell Incorporated had a 4-for-1 stock split and a 2% stock dividend. In its annual report for
During the fiscal year ended September 30, 2023, Worrell Incorporated had a 4-for-1 stock split and a 2% stock dividend. In its annual report for 2023, the company reported earnings per share for the year ended September 30, 2022, on a restated basis, of $0.96. Required: Calculate the originally reported earnings per share for the year ended September 30, 2022. Note: Round your answer to 2 decimal places.
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