California allows the person(s) to choose either state of federal bankruptcy procedures. The state vehicle exemption if state is $1900 the federal is $2775. Generally the person is allowed to retain at least one vehicle even if it is not fully covered by the exemption. Unless the vehicle is a new(er) luxury model, it would not be in jeopardy due to the inability to predict the exact amount recovered.
Shrinkage is the difference between the stock on the inventory book and the actual physical stock. Shrinkage is also deifned as the difference between the value ( retail price ) of the stock on the inventory book and the value of the ( retail price ) actual physical stock. Shrinkage % is calculated as the difference between the value ( retail price ) of the stock on the inventory book and the value of the ( retail price ) actual physical stock by the retail sales of this volume
Retail value is just that, retail. It's the average price that consumers are paying at a dealership. Think of it as walking into a store and buying a CD at full price. Market value is the average value of the car in the market, which means what you might get for it if you sold it yourself to another person.
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