In the calculation of earnings per share, why is the weighted average number of common shares used

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In the calculation of earnings per share, why is the weighted average number of common shares used instead of the number of common shares at the end of the year?

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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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Question Posted: Jan 11, 2017 10:27 AM

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In the calculation of earnings per share, why is the weighted average number of common shares used

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The weighted average number of shares is a more realistic me...View the full answer

Financial Accounting Tools for Business Decision Making

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