Earnings per share for Carr Company were $4.80 in fiscal 2012. In 2013, a 20% stock dividend was issued, and in 2014, a 4-for-1 stock split was made. Earnings per share for 2012, to be reported in 2014, are
a. $1.00.
b. $1.20.
c. $1.44.
d. $4.00.
e. $4.80.
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