What is the average quarterly sales for the Prescott Store?

• A. $290,000
• B. $320,000
• C. $300,000
• D. $310,000

Answer: (C)

To find the average quarterly sales, add the sales from all four quarters and divide by four. The average is the overall level of sales across the year, not just one quarter.

If the four quarters total 1,200,000, dividing by 4 gives 300,000, so the average is 300,000. For example, quarters that sum to 1,200,000 could be 290,000, 320,000, 310,000, and 280,000; their sum is 1,200,000, and 1,200,000 ÷ 4 = 300,000.

The other options would require different total yearly sales (1,160,000 for 290,000 average; 1,280,000 for 320,000 average; 1,240,000 for 310,000 average), which wouldn’t match the given quarterly data.