On January 1, the company had 150,000 common shares outstanding. During the year, the following events occurred:

Question:

On January 1, the company had 150,000 common shares outstanding. During the year, the following events occurred:
March 1: 2-for-1 stock split
June 1: Issued 45,000 additional shares
September 1: 20% stock was the weighted-average number of shares outstanding for the year?
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...