Which statement is correct about the "weighted average number of ordinary shares outstanding" (WASO)?
A)Stock repurchases do not impact the WASO.
B)The actual date of share issuances is ignored in the WASO.
C)The actual date of stock splits is ignored in the WASO.
D)Stock dividends do not impact the WASO.

Question

Quizplus · Accepted Answer

The actual date of stock splits is ignored in the WASO because stock splits are applied retroactively to all shares, adjusting the number of shares for the entire period.

Which Statement Is Correct About the "Weighted Average Number of Ordinary