For several years Orbon Inc. has followed a policy of paying a cash dividend of $0.74 per share and having a 5% stock dividend. In the 2020 annual report, Orbon reported restated earnings per share for 2018 of $0.95. Required: a. Calculate the originally reported earnings per share for 2018. b. Calculate the restated cash dividend per share for 2018 reported in the 2020 annual report for comparative purposes. (For all requirements, do not round intermediate calculations. Round your answer to 2 decimal places.) a. Eamings per share b. Dividend per share

For several years Orbon Inc. has followed a policy of paying a cash dividend of $0.74 per share and having a 5% stock dividend. In the 2020 annual report, Orbon reported restated earnings per share for 2018 of $0.95. Required: a. Calculate the originally reported earnings per share for 2018. b. Calculate the restated cash dividend per share for 2018 reported in the 2020 annual report for comparative purposes. (For all requirements, do not round intermediate calculations. Round your answer to 2 decimal places.) a. Eamings per share b. Dividend per share

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Hi, my name is Jennifer. I am having trouble with this same problem. But the sub-parts I need help with are C, D, and E. But more specifically, really just sub-parts D and E. The only parts I see being answered are sub-parts A, B, and C only in the 8 solutions posted. May I please receive help for the top sub-parts of C, D, and E ONLY, please? It would be much appreciated. Thank you. :) -- Jennifer Sutton
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