ABC is a company that commenced business on 1 January 2016.Below are the balances in the 30 June 2016 financial statements. 
- What is the balance of assets?
Definitions:
Price Elastic
A measure of how much the demand for a product or service changes in response to a change in its price.
Sales Volume
The number of units of a product or service sold by a company in a specified period.
Local Dealerships
Businesses authorized to sell and service vehicles from specific manufacturers within a designated geographic area.
Cheapest Product
The item or service offered at the lowest price among a range of products.
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