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Description Frank asked his friend Bob how his new business was doing. Bob said, Great, my accountant said the company made over $300,000 this year

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Description Frank asked his friend Bob how his new business was doing. Bob said, "Great, my accountant said the company made over $300,000 this year " Frank suggested they celebrate Bob's success with a nice dinner. Bob stated that he did not have enough money to splurge on a fancy dinner. What are some reasons Bob may be watching his spending

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