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Kevin Is the Financial Manager of Levingston BMW

Question 80

Multiple Choice

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. 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. What amount must Kevin include in income?


A) $0.
B) $2,500.
C) $2,950.
D) $22,000.

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