Answer the following question below and select the option that best explains the information conveyed in the sentence. The company ought to have issued warr...

Answer Details

The sentence "The company ought to have issued warrants for one billion shares" means that the company was expected or required to issue warrants for one billion shares, but it may not have actually done so yet. Therefore, the best option that explains the information conveyed in the sentence is "the company did not issue one billion shares."