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For the year ended December 31, 2022, Flagpole, Incorporated, reported earnings per share of $4.83. During 2023, the company had a 3-for-1 stock split. Required:
For the year ended December 31, 2022, Flagpole, Incorporated, reported earnings per share of $4.83. During 2023, the company had a 3-for-1 stock split. Required: Calculate the 2022 earnings per share that will be reported in Flagpole, Incorporated's 2023 annual report for comparative purposes. Note: Round your answer to 2 decimal places
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Managerial Accounting
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
4th edition
1259964957, 1260413985, 1260565440, 978-1260413984
