Weighted Average Common Shares Outstanding (WACSO) Posted by Bill Campbell III, CFA on September 24, 2013. One key to computing earnings per share (EPS) is computing the number of shares of common stock to use in the denominator; we call this number the weighted average common shares outstanding (WACSO). There are two ways to calculate WACSO; weâll cover both.
Types of Cattle Operations California ranches consist of one or more of four types of operations: cow-calf, seed stock, stocker, and feedlot. A cow-calf operation maintains a breeding herd of cows, replacement heifers (young females) and bulls.
The resources and facilities needed are very similar to a stocker operation with the exception of needing more pens and a bunk feeding set-up similar to a feedyard. Starting cattle on feed is equally important to health management of the cattle since the two are directly related. These two facets are inseparable.