The Adjustment to the Weighted-Average Shares for Retired Shares Is

question 198

Multiple Choice

The adjustment to the weighted-average shares for retired shares is the same as for issuing new shares except:

• A) The shares are deducted rather than added.
• B) The shares are added rather than deducted.
• C) The shares are treated as being acquired at the end of the year.
• D) The shares are treated as being acquired at the beginning of the year.