Question: An enterprise split its common stock 3 for 1 on July 1. Its accounting year ends December 31. Prior to the split, there were 10,000

An enterprise split its common stock 3 for 1 on July 1. Its accounting year ends December 31. Prior to the split, there were 10,000 shares of common stock outstanding. What is the weighted-average number of shares that should be used to compute EPS in the current and preceding years?

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