For the year ended December 31, 2019, a company reported earnings per share of $1.95 and cash dividends per share of $0.30.During 2020, the company had a 3-for-2 stock split.In the annual report for the year ended December 31, 2020, earnings per share and cash dividends for 2019 would be reported, respectively, as:
A) $1.95 and $0.30
B) $2.91 and $0.45
C) $1.30 and $0.20
D) $0.65 and $0.10
Correct Answer:
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