At Ask Me Help Desk you can ask questions in any topic and have them
answered for free by our experts. To ask questions or participate in
answering them you must register for a free account. By registering you
will be able to:
Get free answers from experts in any of our 300+
topics.
An average is just totaling everything and dividing by how many you have. However, this likely would be a weighted average. That is, if you had only issued one share each at $10, $12 and $13, you could just average those 3 numbers. But you're issuing a lot of shares at once. So you have to multiply them all out to account for the total number of shares sold in that average. For example, if you had the following sales:
So you actually have 4500 shares, and $53,500 of total issuance prices. i.e. you don't have 3, because each price has be "weighted" by the number of shares. ($12 weights the most cause there's more of them.) So 53,500/4500 = $11.89 average per share.
Linear Mode
