Accounting: What the Numbers Mean 11th Edition by Wayne McManus,Daniel Viele,David Marshall

Exercise 11

Calculate originally reported EPS before stock split During the fiscal year ended June 30, 2017, Jones Co. had a 3-for-1 stock split. In its annual report for 2017, the company reported earnings per share for the year ended June 30, 2016, on a restated basis, of $1.35.
Required:
Calculate the originally reported earnings per share by Jones Co. for the year ended June 30, 2016.