Dealer's Costs for New Vehicles Base sticker price 90% of price Options 80% of included options Destination Fee $800.00 Calculate the dealer's cost for a truck with $45,000 sticker price and $5,000 in options. A. $45,000

Dealer's Costs for New Vehicles Base sticker price 90% of price Options 80% of included options Destination Fee $800.00 Calculate the dealer's cost for a truck with $45,000 sticker price and $5,000 in options. A. $45,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Dealer's Costs for New Vehicles
Base sticker price 90% of price
Options
80% of included options
Destination Fee
$800.00
Calculate the dealer's cost for a truck with
$45,000 sticker price and $5,000 in options.
A. $45,000
B. $45,300
C. $44,500
D. $41,300

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