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During the year ended December 31, 2023, Gluco Incorporated split its stock on a 4 for-1 basis. in its annual report for 2022 , the
During the year ended December 31, 2023, Gluco Incorporated split its stock on a 4 for-1 basis. in its annual report for 2022 , the firm reported net income of $917,500 for 2022 , with an average 231,100 stares of common stock outstanding for that year. There was no preferrod stock. Required: Required: b. Calcutate Gluco's eamings per share for 2022 thot would have been reported in the 2022 annual report. Note: Round your answer to 2 decimal places. c. Calculate Gluco's earnings per share for 2022 that will be reported in the 2023 annual report for cornparative purposes. Note: Round your answer to 2 decimal places
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