Rainy Day Umbrellas takes inventory quarterly. Beginning inventory for the year was $18,200. Inventory at the end of the first quarter was $15,400; at the end of the second quarter, $13,600; at the end of the third quarter, $17,500; and at the end of the year, $19,300. Compute the average inventory for Rainy Day Umbrellas.

Question

Rainy Day Umbrellas takes inventory quarterly. Beginning inventory for the year was $18,200. Inventory at the end of the first quarter was $15,400; at the end of the second quarter, $13,600; at the end of the third quarter, $17,500; and at the end of the year, $19,300. Compute the average inventory for Rainy Day Umbrellas.​

Quizplus · Accepted Answer

The Answer of Rainy Day Umbrellas takes inventory quarterly. Beginning inventory for the year was $18,200. Inventory at the end of the first quarter was $15,400; at the end of the second quarter, $13,600; at the end of the third quarter, $17,500; and at the end of the year, $19,300. Compute the average inventory for Rainy Day Umbrellas.​

Rainy Day Umbrellas Takes Inventory Quarterly