Kevin is the financial manager of Levingston BMW.The shop allows employees to purchase up to two vehicles per year at a discount.Levingston's average gross profit percentage is 15 percent.This year Kevin purchased a 530 model and a new M3.
What amount must Kevin include in income?
A) $0.
B) $2,500.
C) $2,950.
D) $22,000.
Correct Answer:
Verified
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