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Which Statement Is Correct About "Weighted Average Number of Ordinary

Question 23

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.

Correct Answer:

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