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For Stock Splits and Stock Dividends,while It Is Possible to State

Question 31

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For stock splits and stock dividends,while it is possible to state the number of shares as beginning-of-year equivalents,it makes more sense to use end-of-year equivalents because financial statement readers are evaluating EPS after the end of the year.Explain why the adjustment for stock splits and stock dividends is standardized.

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The reasons for standardizing the adjust...

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