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For several years Arban, Inc…

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For several years Arban, Inc., has followed a policy of   paying a cash dividend of $0.47 per share and having a 5% stock dividend. In   the 2011 annual report, Arban reported restated earnings per share for 2009   of $0.93.

 

Required:
(a) Calculate the originally reported earnings per share for   2009. (Do not round intermediate calculations   and round your final answer to 2 decimal places. Omit the “$”   sign in your response.)

 

  Earnings per share for   2009 $

 

(b) Calculate the restated cash dividend per share for 2009   reported in the 2011 annual report for comparative purposes. (Do not round intermediate calculations and round   your final answer to 2 decimal places. Omit the “$” sign in your   response.)

 

  Dividend per share for   2011 $
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For several years Arban, Inc., has followed a policy of   paying a cash dividend of $0.47 per share and having a 5% stock dividend. In   the 2011 annual report, Arban reported restated earnings per share for 2009   of $0.93.

 

Required:
(a) Calculate the originally reported earnings per share for   2009. (Do not round intermediate calculations   and round your final answer to 2 decimal places. Omit the “$”   sign in your response.)

 

  Earnings per share for   2009 $

 

(b) Calculate the restated cash dividend per share for 2009   reported in the 2011 annual report for comparative purposes. (Do not round intermediate calculations and round   your final answer to 2 decimal places. Omit the “$” sign in your   response.)

 

  Dividend per share for   2011 $

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