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.