Pearson Hardman Inc. currently has 2 million shares outstanding and ea

Pearson Hardman Inc. currently has 2 million shares outstanding and earnings per share (EPS) of $6. After a 3-for-2 split, the shares outstanding and EPS will be:

A) 1.33 M Shares outstanding, $9 EPS
B) 1.50 M Shares outstanding, $6 EPS
C) 2.00 M Shares outstanding, $6 EPS
D) 3.00 M Shares outstanding, $4 EPS
E) 3.67 M Shares outstanding, $4 EPS

ANSWER

D