Multiple Choice
For the fiscal year ended March 31, 2017, a company reported earnings per share of $1.95 and cash dividends per share of $0.30. During fiscal 2018, the company had a 3-for-2 stock split. In the annual report for the fiscal year ended March 31, 2018, earnings per share and cash dividends for fiscal 2017 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:

Verified
Correct Answer:
Verified
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