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Previously there were 100,000 shares. In 2008, Zello Company declared a 10% stock dividend. In 2007, earnings per share was $ 1.00. When the 2007

Previously there were 100,000 shares. In 2008, Zello Company declared a 10% stock dividend. In 2007, earnings per share was $ 1.00. When the 2007 earnings per share is disclosed in the 2008 annual report, it will be disclosed at:

a: $1.10

b. $1.00

c. $0.91

d. $0.81

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