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Use the Following Information to Calculate the "Weighted Average Number

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Use the following information to calculate the "weighted average number of ordinary shares outstanding" (WASO) ?  Ordinary shares, January 1, 2013 120,000 Shares issued, March 1, 2013 60,000 Shares repurchased, June 1, 2013 30,000 Dividends paid on ordinary shares, Nov 1, 2013 90,000\begin{array} {| l | r |} \hline \text { Ordinary shares, January 1, 2013 } & 120,000 \\\hline \text { Shares issued, March 1, 2013 } & 60,000 \\\hline \text { Shares repurchased, June 1, 2013 } & 30,000 \\\hline \text { Dividends paid on ordinary shares, Nov 1, 2013 } & 90,000\\\hline\end{array}

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Definitions:

Accounts Receivable

Financial obligations of customers to a business for services or goods delivered but not remunerated.

Accounts Receivable

Amounts due from clients to a business for goods or services already delivered but yet to be paid for.

Income Tax Payable

A liability account on a company's balance sheet representing the amount of income taxes owed to various governmental entities but not yet paid.

Accrued Expenses Payable

Liabilities recorded on the books for expenses that have been incurred but not yet paid.

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