For the fiscal year ended march 31 2004 a company reported, Ask an Expert

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For the fiscal year ended March 31, 2004, a company reported earnings per share of $3.25 and cash dividends per share of $0.50. During fiscal 2005, the company had a 3 for 2 stock split. In the annual report for the fiscal year ended March 31, 2005, earnings per share and cash dividends for fiscal 2004 would be reported, respectively, as:

A) $3.25 and $0.50

B) $4.85 and $0.75

C) $2.17 and $0.33

D) $1.09 and $0.17

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Accounting Basics, Accounting

Category:- Accounting Basics
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