WAEC - Commerce (2021 - No. 19)
What is the average stock?
NI0,500
N8.500
N8,000
6000
Explanation
Average stock = \(\frac{\text {opening stock + closing stock}}{2}\)
\(\frac{4000+12000}{2}\)
= 8000
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Average stock = \(\frac{\text {opening stock + closing stock}}{2}\)
\(\frac{4000+12000}{2}\)
= 8000
