Question
For the year ended December 31, 2012, Finco, Inc., reported earnings per share of $7.70. During 2013, the company had a 3-for-1 stock split. Calculate
For the year ended December 31, 2012, Finco, Inc., reported earnings per share of $7.70. During 2013, the company had a 3-for-1 stock split. Calculate the 2012 earnings per share that will be reported in Finco's 2013 annual report for comparative purposes. $2.57
Additionally, during 2014, Finco had a 3-for-1 stock split. Calculate the 2012 earnings per share that will be reported in Finco's 2014 annual report for comparative purposes. $2.45
If Finco had issued a 15% stock dividend in 2013 and did not have a stock split, calculate the 2012 earnings per share that will be reported in Finco's 2013 annual report for comparative purposes:_____________
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