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.
Beef cattle ranches raise cattle for beef production. Some ranches are cow calf enterprises. Cows produce calves yearly. The calves are sold at weaning age, usually when they are 6 months old and weigh about 500 pounds. In a feeder or stocker enterprise, weaner calves are purchased and fed until 700 to 900 pounds.