ABC Experienced the Following Changes in Its Capital Structure During

ABC experienced the following changes in its capital structure during 2014: Outstanding on January 1, 2014, 90 common stock shares Sold 120 common shares on February 1, 2014
Sold 60 common shares on April 1, 2014
Issued a 2 for 1 split on August 1, 2014
ABC's weighted average number of common shares outstanding for 2014 would be:

A) 490.
B) 540.
C) 245.
D) 315.

Correct Answer:

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