### For several years erben inc has followed a policy of paying

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##### Reference no: EM13581736

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 \$

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