5-Day Free Trial
5-day free, full-access trial TTP
Available with Beat the GMAT members only code
MORE DETAILS
cars
This topic has expert replies
-
nycknicks11
- Senior | Next Rank: 100 Posts
- Posts: 56
- Joined: Tue Apr 12, 2011 9:07 am
- Thanked: 5 times
- Followed by:1 members
-
Frankenstein
- Legendary Member
- Posts: 1448
- Joined: Tue May 17, 2011 9:55 am
- Location: India
- Thanked: 375 times
- Followed by:53 members
Hi,
This question has been discussed recently. You can follow :
https://www.beatthegmat.com/acquisition- ... 84013.html
This question has been discussed recently. You can follow :
https://www.beatthegmat.com/acquisition- ... 84013.html
Cheers!
Things are not what they appear to be... nor are they otherwise
Things are not what they appear to be... nor are they otherwise
-
smackmartine
- Legendary Member
- Posts: 516
- Joined: Fri Jul 31, 2009 3:22 pm
- Thanked: 112 times
- Followed by:13 members
IMO E
1) avg cost of all cars last year= 12,500
we do not know how many cars were sold by the end of the year.
Unless we know that, we cannot calculate the acquisition cost of cars on the lot. So Insufficient.
2) Revenue from sale 1050,000
we do not know how many cars were sold by the end of the year.
Insufficient.
Combining statements we still do not know # of cars sold.
Insufficient.
1) avg cost of all cars last year= 12,500
we do not know how many cars were sold by the end of the year.
Unless we know that, we cannot calculate the acquisition cost of cars on the lot. So Insufficient.
2) Revenue from sale 1050,000
we do not know how many cars were sold by the end of the year.
Insufficient.
Combining statements we still do not know # of cars sold.
Insufficient.
