Calculate the originally reported earnings per share

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Question: During the fiscal year ended September 30, 2023, Worrell Incorporated had a 2-for-1 stock split and a 5% stock dividend. In its annual report for 2023, the company reported earnings per share for the year ended September 30, 2022, on a restated basis, of $1.80.

Required: Calculate the originally reported earnings per share for the year ended September 30, 2022. Note: Round your answer to 2 decimal places.

Reference no: EM133265584

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