For several years erben inc has followed a policy of paying

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For several years Erben, Inc., has followed a policy of paying a cash dividend of $0.59 per share and having a 7% stock dividend. In the 2011 annual report, Erben reported restated earnings per share for 2009 of $1.23.

Required:
(a)

Calculate the originally reported earnings per share for 2009.

Earnings per share for 2009 $   
(b)

Calculate the restated cash dividend per share for 2009 reported in the 2011 annual report for comparative purposes. 

Dividend per share for 2011 $

Reference no: EM13581736

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