Problem

Calculate restated EPS after stock split For the year ended December 31, 2013, Spike...

Calculate restated EPS after stock split For the year ended December 31, 2013, Spike, Inc., reported earnings per share of $1.16. During 2014, the company had a 4-for-1 stock split.

Required:

Calculate the 2013 earnings per share that will be reported in Spike, Inc.’s 2014 annual report for comparative purposes.

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Solutions For Problems in Chapter 10