Weighted average number of shares issued accounts for the issuance of shares during a period. Common shares issued during the period are “weighted” (that is, multiplied by the fraction of the period for which they were outstanding), and the weighted number of these shares is added to the number of shares issued during the period.
Enter the total shares for the corporation using the default currency units that you specified in Model Options. For example, if your financial data is in millions, enter 950,000 shares as .95.
This account is used to calculate Number of Common Shares Outstanding: Wtd. Avg. (v3410).