Calculate the originally reported earnings per share, Financial Accounting

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Calculate the originally reported earnings per share

Problem

During the fiscal year ended June 30, 2020, Jones Co. had a 3-for-1 stock split. In its annual report for 2020, the company reported earnings per share for the year ended June 30, 2019, on a restated basis, of $0.82.

Task

Calculate the originally reported earnings per share by Jones Co. for the year ended June 30, 2019

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Financial Accounting: Calculate the originally reported earnings per share

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Financial Accounting: Calculate the originally reported earnings per share

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