subject
Business, 10.03.2020 00:30 boo3972

For the year ended December 31, 2018, Finco Inc. reported earnings per share of $5.70. Answer the following questions: Required: During 2019, the company had a 4-for-1 stock split. Calculate the 2018 earnings per share that will be reported in Finco's 2019 annual report for comparative purposes. 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. Assume that Finco had issued a 14% 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.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 22:20
Why should you not sign the tenant landlord agreement quickly and immediately
Answers: 1
question
Business, 22.06.2019 05:00
Which of the following differentiates cost accounting and financial accounting? a. the primary users of cost accounting are the investors, whereas the primary users of financial accounting are the managers. b. cost accounting measures only the financial information related to the costs of acquiring fixed assets in an organization, whereas financial accounting measures financial and nonfinancial information of a company's business transactions. c. cost accounting measures information related to the costs of acquiring or using resources in an organization, whereas financial accounting measures a financial position of a company to investors, banks, and external parties. d. cost accounting deals with product design, production, and marketing strategies, whereas financial accounting deals mainly with pricing of the products.
Answers: 3
question
Business, 22.06.2019 10:10
Karen is working on classifying all her company’s products in terms of whether they have strong or weak market share and whether this share is in a slow or growing market. what type of strategic framework is she using?
Answers: 2
question
Business, 22.06.2019 13:30
Presented below is information for annie company for the month of march 2018. cost of goods sold $245,000 rent expense $ 36,000 freight-out 7,000 sales discounts 8,000 insurance expense 5,000 sales returns and allowances 11,000 salaries and wages expense 63,000 sales revenue 410,000 instructions prepare the income statement.
Answers: 2
You know the right answer?
For the year ended December 31, 2018, Finco Inc. reported earnings per share of $5.70. Answer the fo...
Questions
question
Mathematics, 12.09.2019 06:10
question
Mathematics, 12.09.2019 06:10
question
English, 12.09.2019 06:10
question
Mathematics, 12.09.2019 06:10
Questions on the website: 13722367