Use the Following Information to Calculate the "Weighted Average Number

Use the following information to calculate the "weighted average number of ordinary shares outstanding" (WASO) ? $$\begin{array} { | l | r |} \hline \text { Ordinary shares, January 1,2013 } & 120,000 \\\hline \text { Shares issued, March 1, 2013 } & 60,000 \\\hline \text { Shares issued, Nov 1, 2013 } & 90,000 \\\hline\end{array}$$

A) 120,000
B) 165,000
C) 185,000
D) 270,000

Correct Answer:

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