Quiz 4 dr 16.16 ares The following events take place during the current year January 1 March 1 May 1 July 1 October 1 40,000 shares of common stock outstanding Declares and distributes a 3 to 1 stock split Purchases 13.000 shares of stock for treasury Sells 10,000 shares of treasury stock Declares and Issues a 20% stock dividend Party What is the weighted-average number of shares to be used for computing EPS Date Change # of shares 40,000 Months Restatement Total My 1 Jul 2 12/1 12x1 88.67 6x0.50