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Wednesday, 22 April 2026
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Average stock is derived by adding

Average stock is derived by adding
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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Closing stock to purchase divided by 2
  • B Closing stock to opening stock
  • C Opening stock to closing stock divided by 2
  • D Opening stock to purchases
Correct Answer: Option C
Explanation:
Average stock is calculated as : Opening stock + Closing stock/2

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