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For the year ended December 31, 2016, Spike, Inc., reported earnings per share of $5.80. During 2017, the company had a 4for1 stock split.
For the year ended December 31, 2016, Spike, Inc., reported earnings per share of $5.80. During 2017, the company had a 4for1 stock split. Required: Calculate the 2016 earnings per share that will be reported in Spike, Inc.'s 2017 annual report for comparative purposes. (Round your answer to 2 decimal places.)
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele
10th edition
9780077515904, 007802529X, 77515900, 978-0078025297
