For the year ended December 31, 2018, Finco Inc. reported earnings per share of $6.70. Answer the following questions: Required: a. During 2019, the company had a 3-for-1 stock split. Calculate the 2018 earnings per share that will be reported In Finco's 2019 annual report for comparative purposes. b. During 2020, Finco had an additional 3-for-1 stock split. Calculate the 2018 earnings per share that will be reported In Finco's 2020 annual report for comparative purposes. C. Assume that Finco had Issued a 13% stock dividend In 2019 and did not have a stock split. Calculate the 2018 earnings per share that will be reported In Finco's 2019 annual report for comparative purposes. (For all requlrements, round your answer to 2 declmal places.) a. Eamings per share b. Eamings per share C. Eanings per share

For the year ended December 31, 2018, Finco Inc. reported earnings per share of $6.70. Answer the following questions: Required: a. During 2019, the company had a 3-for-1 stock split. Calculate the 2018 earnings per share that will be reported In Finco's 2019 annual report for comparative purposes. b. During 2020, Finco had an additional 3-for-1 stock split. Calculate the 2018 earnings per share that will be reported In Finco's 2020 annual report for comparative purposes. C. Assume that Finco had Issued a 13% stock dividend In 2019 and did not have a stock split. Calculate the 2018 earnings per share that will be reported In Finco's 2019 annual report for comparative purposes. (For all requlrements, round your answer to 2 declmal places.) a. Eamings per share b. Eamings per share C. Eanings per share

Algebra: Structure And Method, Book 1

(REV)00th Edition

ISBN:9780395977224

Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Chapter2: Working With Real Numbers

Section2.3: Rules For Addition

Problem 8P

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