During the fiscal year ended September 30, 2020, Happster Co. had a 5-for-1 stock split....
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Accounting
During the fiscal year ended September 30, 2020, Happster Co. had a 5-for-1 stock split. In its annual report for 2020, the company reported earnings per share for the year ended September 30, 2019, on a restated basis, of $0.85. Required: Calculate the originally reported earnings per share by Happster Co. for the year ended September 30, 2019.
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