XYZ Corporation reported earnings per share of $2.00 in 2008. In 2009, XYZ Corporation reported earnings per

Question:

XYZ reported earnings per share of $2.00 in 2008. In 2009, XYZ reported earnings per share of $1.50. On July 1, 2009, and December 31, 2009, 2-for-1 stock splits were declared.
Required
Present the earnings per share for a two-year comparative income statement that includes 2009 and 2008.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...