Compute Weighted-Average Number of Shares Outstanding with a Stock Dividend. Using the information provided in BE20-5, compute

Question:

Compute Weighted-Average Number of Shares Outstanding with a Stock Using the information provided in BE20-5, compute the weighted- average number of common shares outstanding for Elmwood Excavation Consultants assuming that the company implemented a 10% stock on December 1.
In BE20-5
Compute Weighted-Average Number of Shares Outstanding. Elmwood Excavation Consultants began the current year with 30,000 common shares outstanding. It issued additional shares of 15,000 and 18,000 on March 1 and August 1, respectively. The company also purchased 3,000 shares of treasury stock on November 1. The firm’s year end is December 31. Based on this information, determine the weighted- average number of common 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...