Which Statement Is Correct About the "Weighted Average Number of Ordinary

question 63

Multiple Choice

Which statement is correct about the "weighted average number of ordinary shares outstanding" (WASO) ?

• A)It is used only in the numerator of the EPS calculation.
• B)The weighted average is the number of shares outstanding at the beginning of the year.
• C)The weighted average accounts for changes in shares issued or cancelled during the year.
• D)It is used only in the denominator of the diluted EPS calculation.

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