Which Statement Is Correct About "Weighted Average Number of Ordinary

question 88

Multiple Choice

Which statement is correct about "weighted average number of ordinary shares outstanding"?

• A)Treasury shares that are cancelled are adjusted in this calculation.
• B)Treasury shares that are not cancelled are adjusted in this calculation.
• C)Treasury shares that are repurchased are adjusted in this calculation.
• D)Treasury shares are ignored for purposes of this calculation.

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Definitions:

Final Number

The conclusive or ultimate figure that results from a series of calculations, measurements, or operations.

Customers

Individuals or entities that purchase goods or services produced by a business.

Lot Size

The number of units of product, shares, or other securities traded or manufactured in a single transaction or production run.

Inventory Level

The quantity of goods or materials on hand at a particular time within a business.