In Computing the Weighted Average Number of Shares Outstanding,the Following

question 75

Multiple Choice

In computing the weighted average number of shares outstanding,the following is considered outstanding only as of the date issued or sold:

• A) Stock splits.
• B) Reverse stock splits.
• C) Stock dividends.
• D) Common shares issued.

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Definitions:

Ownership Right

A legal right that confers the possession of assets and the benefits that come from owning them.

Stockholder

An individual or entity that holds one or more shares of stock in a public or private corporation, thus owning a portion of the company.

Dividends

Payments made by a corporation to its shareholder members from the company's earnings.

Chief Accounting Officer

The Chief Accounting Officer (CAO) is a senior executive responsible for managing the accounting operations of an organization.