What is the average stock?

Adama’s opening stock is D5,000. He purchased goods worth D30,000. His closing stock was D7,000 and sales D55,000

A. D12,000
B. D7,000
C. D6,000
D. D5,000

Correct Answer: Option C

C. D6,000

Explanation

Average stock = opening stock + closing stock divided by 2

thus we have; 5,000 + 7,000= 12,000

12,000 / 2 = 6,000