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The average stock is?

Opening stock……………..N1000
Closing stock……………..N9000
Purchases…………………N14,000
The average stock is?
  • A.
    N2000
  • B.
    N3000
  • C.
    N5000
  • D.
    N6000
  • E.
    N7000
Correct Answer: Option C
Explanation