NACVA Exam CVA Topic 3 Question 109 Discussion

Actual exam question for NACVA's CVA exam

Question #: 109
Topic #: 3

[All CVA Questions]

Let's say that a company had 100,000 shares outstanding at the beginning of the year and issued 30,000 more shares on May 1. The 100,000 shares would be outstanding for four months and the 130,000 shares for eight months, or two-thirds of the year. The weighted average number of shares outstanding for the year would be:

A100, 000

B120,000

C140,000

D180,000

Show Suggested Answer

Suggested Answer: B

by Lawrence at Apr 03, 2025, 01:30 PM

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Brett

7 days ago

I'm not sure about this one. Can someone explain how to calculate the weighted average number of shares outstanding?

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Enola

13 days ago

I agree with Vi. The rationale is that we need to calculate the weighted average based on the time each set of shares was outstanding.

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Vi

15 days ago

I think the answer is B) 120,000.

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