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Use the information below to answer this question. Jejelaye Plc stock records for 2009 ...

Use the information below to answer this question.
Jejelaye Plc stock records for 2009 was given below:
Jan 1 received 100 units at N1.00
Jan 8 received 260 units at N1.05
Jan 20 issued 700units at .........
Feb 3 received 400 units at N1.15
What will be the issued price of 700 units, using simple average method

A. N1.183
B. N1.025
C. N1.00
D. N1.05




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