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aurific

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tT
发表于 2011-7-11 18:23 | 只看该作者

CFAI Mock Exam - Morning Q46

added
Do we need to consider 480,000 shares outstanding at Dec 31 when we calculate the weighted avg shares ?

I added 480,000 into the calculaiton but answer didnt mention 480,000 at all.

Thanks.

 

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Penny-wenny

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发表于 2011-7-11 18:23 | 只看该作者
Matt, the reason why we dont include 480,000 shares because it is happens to be the last day of the year ? so never been outstanding during the year ?

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siavosh

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发表于 2011-7-11 18:23 | 只看该作者
Clear the mud....thanks again Matt.

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