[Solved] Use the Following to Answer Questions

Question 193
Multiple Choice

Use the following to answer questions
Excerpts from Dowling Company's December 31,2016 and 2015,financial statements and key ratios are presented below (all numbers are in millions):
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-Dowling's average inventory balance for 2016 is (rounded):

A)11.
B)12
C)11.5.
D)12.5.

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