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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Definitions:

Recognition Strikes

Strikes initiated by workers to force an employer to recognize their union as the official bargaining agent for the workforce.

Strike Replacements

Workers who are hired to fill the positions of striking employees during a labor strike.

Bargaining Power

The relative capacity of parties in a negotiation to influence the terms and conditions of agreements.

Loose Labor Market

A situation in the job market where the supply of workers exceeds the demand for labor, often leading to higher unemployment rates and lower wages.