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Use the Following Information to Calculate the "Weighted Average Number

question 15

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Use the following information to calculate the "weighted average number of ordinary shares outstanding" (WASO) ?  Ordinary shares, January 1,2013 100,000 Shares issued, March 1, 2013 60,000 Shares repurchased, June 1, 2013 10,000 Shares issued, Nov 1, 2013 90,000\begin{array} { |l | r| } \hline \text { Ordinary shares, January 1,2013 } & 100,000 \\\hline \text { Shares issued, March 1, 2013 } & 60,000 \\\hline \text { Shares repurchased, June 1, 2013 } & 10,000 \\\hline \text { Shares issued, Nov 1, 2013 } & 90,000 \\\hline\end{array}

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Definitions:

Shortage/Surplus

A market condition where the quantity demanded exceeds supply (shortage) or supply exceeds demand (surplus), affecting prices and availability.

Demand Equation

A mathematical expression that describes the relationship between the quantity demanded of a good and its price, along with other factors like income and price of related goods.

Supply Equation

A mathematical expression that describes the relationship between the quantity of a good supplied by producers and the good's price.

Price Floor

A legally imposed minimum price below which a good or service cannot be sold, typically above the equilibrium price, leading to surpluses.

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