Use the Following Information to Calculate the "Weighted Average Number

question 11

Multiple Choice

Use the following information to calculate the "weighted average number of ordinary shares outstanding" (WASO) ?

• A)120,000
• B)165,000
• C)185,000
• D)270,000

---

Definitions:

Stocks

Shares of ownership in a company, entitling the shareholder to a portion of the company's profits and assets.

Repurchase Agreements

Short-term borrowing for dealers in government securities, where the dealer sells the securities to investors usually overnight and buys them back the following day at a slightly higher price.

Government Securities

Debt instruments issued by a government to finance its operations and projects, typically considered safe investments.

Short-Term Borrowing

The act of obtaining funds for a relatively short period, usually less than one year, often used to address immediate financial needs or liquidity issues.