Calculate EPS reported before stock split andstock dividend.
During the fiscal year ended september30,2009 Worrell, Inc. had a 2 for 1 stock split and a 5% stockdividend. In it's annual report for 2009, the company reportedearnings per share for the year ended september 30 2008, on arestated basis of $.60.
Required:
Calculate the originally reported earnings per share for theyear ended september 30 2008