QUESTIONS 45 THROUGH 68 RELATE TO FINANCIAL STATEMENT ANALYSIS

63. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM AFTERNOON 2012
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM AFTERNOON 2012
63. An analyst gathers the following information about a company’s common stock: • 1 January 2011 200,000 shares outstanding • 1 June 2011 50,000 shares issued • 1 August 2011 2 for 1 stock split • 31 December 2011 500,000 shares outstanding To calculate earnings per share for 2011, the company’s weighted average number of shares outstanding is closest to: A. 333,333. B. 350,000. C. 458,333.