Business
Business, 26.06.2020 15:01, adrian128383

Mike has spent $600 purchasing and repairing an old fishing boat, which he expects to sell for $800. Mike discovers, that, in addition to the $600 he has already spent, he needs to make an additional repair, which will cost another $300 in order to make the boat worth $800 to potential buyers. He can sell the boat as is now for $300. What should he do

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Mike has spent $600 purchasing and repairing an old fishing boat, which he expects to sell for $800....

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