Calculate EPS reported before stock split and stock dividend During the fiscal year ended September 30, 2014, Worrell, Inc., had a 2-for-1 stock split and a 5% stock dividend. In its annual report for 2014, the company reported earnings per share for the year ended September 30, 2013, on a restated basis, of $2.40.
Required:
Calculate the originally reported earnings per share for the year ended September 30, 2013.
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