Question
In 2012, ABC Company reported earnings per share of $6.00 for 10,000 shares. In 2013, there was a 4-for-1 stock split, for which 2013 earnings
In 2012, ABC Company reported earnings per share of $6.00 for 10,000 shares. In 2013, there was a 4-for-1 stock split, for which 2013 earnings per share were reported at $3.20. The appropriate earnings per share presentation for a 2-year comparative analysis would be:
2013 2012
I. $2.10 $2.00
II. $0.80 $6.00
III. $0.80 $1.50
IV. $2.10 $1.00
V. $3.10 $1.50
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
16th Edition
324376375, 0324375743I, 978-0324376371, 9780324375749, 978-0324312140
