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# EPS on the basis of stock split

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Group project journey #4

a. For the year ended December 31, 2012, Finco, Inc., reported earnings per share of \$3.12. 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. (Round your answer to 2 decimal places.)

Earnings per share =

b. Additionally, during 2014, Finco had a 2-for-1 stock split. Calculate the 2012 earnings per share that will be reported in Finco's 2014 annual report for comparative purposes. (Round your answer to 2 decimal places.)

Earnings per share =

c. If Finco had issued a 10% 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. (Round your answer to 2 decimal places.)

Earnings per share =

#### Solution Preview

Finco Inc.
Group project journey #4
a. For the year ended December 31, 2012, Finco, Inc., reported earnings per share of \$3.12. 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. (Round your answer to 2 decimal places.)
Earnings per share =

b. Additionally, during 2014, Finco had a 2-for-1 stock split. Calculate the 2012 earnings per share that will be reported in Finco's 2014 annual report for ...

#### Solution Summary

The solution helps in computing the 2012 earnings per share that will be reported in Finco's 2014 annual report for comparative purposes for stock split.

\$2.49