GCE Commerce 2024 Objective — Question 14
Question 14 of 50 from the General Certificate of Education (GCE) Commerce 2024 Objective paper, with the correct answer and a full explanation.
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Calculate average stock.
- A. A. D15,000.00Correct
- B. B. D14,000.00
- C. C. D13,000.00
- D. D. D10,000.00
Explanation
Average stock = (Opening stock + Closing stock) / 2 = (22,000 + 8,000) / 2 = D15,000.00.
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