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On January 31, 2010, Pack, Inc. split its common stock 2 for 1, and Young, Inc. issued a 5% stock dividend. Both companies issued their
On January 31, 2010, Pack, Inc. split its common stock 2 for 1, and Young, Inc. issued a 5% stock dividend. Both companies issued their December 31, 2009 financial statements on March 1, 2010. Should Packs 2009, basic earnings per share (BEPS) take into consideration the stock split, and should Youngs 2009 BPS take into consideration the stock dividend? Packs 2009 BEPS Youngs 2009 BEPS a. Yes No b. No No c. Yes Yes d. No Yes
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