
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 142
Find the average inventory in the following. (See Example.)
Determining Average Inventory
Inventory at a Super Shoes store was $285,672 on April 1 and $198,560 on April 30. What was the average inventory?
Solution
First add the inventory values.
Then divide by the number of times inventory was taken.
The average inventory was $242,116.

Inventory at a Super Shoes store was $285,672 on April 1 and $198,560 on April 30. What was the average inventory?
Solution
First add the inventory values.

Then divide by the number of times inventory was taken.

The average inventory was $242,116.
Explanation
The following table is given ...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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