Describe the weighted average number of shares used in EPS calculations. How are stock dividends...

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Accounting

Describe the weighted average number of shares used in EPS calculations. How are stock dividends and stock splits treated when calculating the weighted average number of shares. Compare the treatment with additional shares sold during the year.
Distinguish between basic and diluted earnings per share. Be specific and describe calculation.
Do you agree with these methods of calculating EPS as useful to the reader of the financial statements and support your opinion?

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