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Williams Incorporated had 4.0 million shares of common stock outstanding all through 2020. On April 1, 2021, an additional 120,000 shares were sold and issued.

Williams Incorporated had 4.0 million shares of common stock outstanding all through 2020. On April 1, 2021, an additional 120,000 shares were sold and issued. On September 30, 2021, Williams Incorporated declared a 2-for-1 stock split. Net income in 2021 and 2020 was $30 million and $18.0 million, respectively. In the 2021 comparative financial statements, EPS (rounded) would be reported as follows:

2021 EPS 2020 EPS
a. $ 3.67 $ 2.25
b. $ 3.67 $ 4.50
c. $ 7.34 $ 2.25
d. $ 7.34 $ 4.50

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