What Is the Meaning of "Weighted Average Number of Ordinary

question 7

Multiple Choice

What is the meaning of "weighted average number of ordinary shares outstanding"?

• A)This is not used in the EPS calculation.
• B)This refers to the numerator of the EPS calculation.
• C)This refers to the denominator of the EPS calculation.
• D)This is the not used in the diluted EPS calculation.

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Definitions:

Minimum Lease Payments

The lowest amount that a lessee is expected to pay over the lease term, including both principal and interest components.

Direct Financing Lease

A type of lease arrangement where the lessor purchases an asset for the lessee and rents it out, effectively acting as a financing tool.

Operating Lease

A lease agreement that allows for the use of an asset but does not convey rights of ownership of the asset.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its expected useful life in equal annual amounts.