Dowling's average inventory balance for 2013 is (rounded):

Question

Quizplus · Accepted Answer

To calculate the average inventory balance, we need to add the ending inventory balance to the beginning inventory balance and divide by 2. From the given data, we can see that the beginning inventory balance is 10 and the ending inventory balance is 13. Therefore, the average inventory balance would be (10+13)/2 = 11.5. Rounded to the nearest whole number, it would be 12. Therefore, the best choice is C.

Dowling's Average Inventory Balance for 2013 Is (Rounded)