Which Statement Is Correct About "Weighted Average Number of Ordinary

question 88

Multiple Choice

Which statement is correct about "weighted average number of ordinary shares outstanding"?

• A)Treasury shares that are cancelled are adjusted in this calculation.
• B)Treasury shares that are not cancelled are adjusted in this calculation.
• C)Treasury shares that are repurchased are adjusted in this calculation.
• D)Treasury shares are ignored for purposes of this calculation.

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