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:

Paired-Choice Majority Votes

A voting system in which options are matched in pairs and voted upon, with the winner of each pair moving on to compete in subsequent rounds.

Marginal Benefits

The incremental value or satisfaction derived from the use of one more unit of a good or service.

Marginal Costs

represent the cost of producing one more unit of a good or service, calculated by the change in total cost that comes from producing one additional unit.

Economic Analysis

The study of how people use resources to produce goods and services for consumption and how those goods and services are distributed and consumed.