Question: You are given the following data for Kim Zerussen: Assuming that inflation was 10 percent during 2008, evaluate Kims financial performance for the year. 2008

You are given the following data for Kim Zerussen:

You are given the following data for Kim Zerussen: Assuming that

Assuming that inflation was 10 percent during 2008, evaluate Kim€™s financial performance for the year.

2008 Income during the year $60,000 $64,000 0,000 60,000 2007 End of year: Assets Liabilities 40,000 49000

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