Hi,
Stmt 1:
This helps us find out the total acquisition cost of the 50 cars bought last year.
Do we know the cars which have been sold last year? - No
Consequently, do we know the # of cars that are still in our friend's dealership - No.
Hence, insuff
Stmt 2:
All this gives is the revenue earned last year
How many cars? Dont know
How many cars left? Dont know
Acquisition cost of new cars? Dont know
Hence, insuff
Combining 1 and 2:
Now, we know the acquisition cost of the cars and the revenue in the last year. However, we still do not know the # of cars sold in the last year.
Consequently, do we know the # of cars that are still in our friend's dealership - No.
Hence, insuff. My take is E. OA please.
Thanks.
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