uired: a. For the year ended December 31, 2012, Finco, Inc., reported earnings per share of $7.70. During 2013, the company had a 3-for-1 stock split. Calculate the 2012 earnings per share that will be reported in Finco's 2013 annual report for comparative purposes. (2.57)

Additionally, during 2014, Finco had a 3-for-1 stock split. Calculate the 2012 earnings per share that will be reported in Finco's 2014 annual report for comparative purposes. ______________

Finco had issued a 15% stock dividend in 2013 and did not have a stock split, calculate the 2012 earnings per share that will be reported in Finco's 2013 annual report for comparative purposes _____________________

This problem is based on the 2011 annual report of Campbell Soup Company. Answer the following questions.

Find the net sales in 2008._______________

Calculate the operating income in 2007_________________

Calculate the difference between operating income and net income in 2009_________________

Item 6. Selected Financial Data FIVE-YEAR REVIEW CONSOLIDATED Fiscal Year 20111) 20102 20093) 20084) 20075) (Millions, except per share amounts) Summary of Operations Earnings before interest and taxes. . . . . . . . . . . . . . . . . . . . 1,279 1348 1,185 1,098 1,243 802 844 73267 792 62 4 494 Net earnings attributable to Campbell Soup Company. . . . . .. Financial Position 805 844 736 1,165854 Per Share Data Earnings from continuing operations attributable to Campbell Earnings from continuing operations attributable to Campbell Net earnings attributable to Campbell Soup Companybasic2.44 2.44 2.06 3.06 2.18 Net earnings attributable to Campbell Soup Company _ Other Statistics Weighted average shares outstandingbasic Weighted average shares outstanding assuming dilution.. . . . 326 340 352 373386 329 343 354 377392 In the first quarter of fiscal 2010, the company adopted and retrospectively applied new accounting guidance related to a noncontrolling interest in a subsidiary. The guidance requires a noncontrolling interest in a subsidiary to be classified as a separate component of total equity In the first quarter of fiscal 2010, the company adopted and retrospectively applied new accounting guidance related to the calculation of earnings per share. The retrospective application of the provision resulted in the following reductions to basic and diluted earnings per share 2009 2007 2008 Basic Diluted Basic DilutedBasic Diluted Earnings from continuing operations attributable to et earnings attributable to Campbell Sou (All per share amounts below are on a diluted basis) The 2008 fiscal year consisted of fifty-three weeks. All other periods had fifty-two weeks