Why is it necessary to use the weighted average number of common shares in the earnings per

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Why is it necessary to use the weighted average number of common shares in the earnings per share calculation rather than the average number of common shares?

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Accounting

ISBN: 978-0132690089

9th Canadian Edition volume 2

Authors: Charles T. Horngren, Walter T. Harrison Jr., Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood

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Question Posted: Dec 21, 2016 10:23 AM

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Why is it necessary to use the weighted average number of common shares in the earnings per

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The weighting of the average results in different emphasis being given to amounts o...View the full answer

Accounting

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