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For the year ended December 31,2021 , Finco Incorporated reported earnings per share of $3.12. Answer the following questions: Required: a. During 2022, the company
For the year ended December 31,2021 , Finco Incorporated reported earnings per share of $3.12. Answer the following questions: Required: a. During 2022, the company had a 3-for-1 stock split. Calculate the 2021 earnings per share that will be reported in Finco's 2022 annual report for comparative purposes. b. During 2023 , Finco had an additional 2 -for-1 stock split. Calculate the 2021 earnings per share that will be reported in Finco's 2023 annual report for comparative purposes. c. Assume that Finco had issued a 10% stock dividend in 2022 and did not have a stock split. Calculate the 2021 earnings per share that will be reported in Finco's 2022 annual report for comparative purposes. Note: For all requirements, round your answers to 2 decimal places
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