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.
A concentrated animal feeding operation, as defined by the United States Department of Agriculture is an animal feeding operation (AFO)âa farm in which animals are raised in confinementâthat has over 1000 animal units confined for over 45 days a year. An animal unit is an animal equivalent of 1000 pounds live weight and equates to 1000 head of beef cattle, 700 dairy cows, 2500 swine weighing more than 55 lbs, 125 thousand broiler chickens, or 82 thousand laying hens or pullets. A ...