At the conclusion of her first month of operating Val's Donut Shop, Val computed the following revenue and expense figures: week revenue expenses profit 1 44,725 38,090 2 57,380 26,123 3 63,090 43,957 4 67,255.50 74,310 month to receive 60,000 profit for the month month
At the conclusion of her first month of operating Val's Donut Shop, Val computed the following revenue and expense figures: week revenue expenses profit 1 44,725 38,090 2 57,380 26,123 3 63,090 43,957 4 67,255.50 74,310 month to receive 60,000 profit for the month month
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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At the conclusion of her first month of operating Val's Donut Shop, Val computed the following revenue and expense figures:
| week | revenue | expenses | profit |
| 1 | 44,725 | 38,090 | |
| 2 | 57,380 | 26,123 | |
| 3 | 63,090 | 43,957 | |
| 4 | 67,255.50 | 74,310 | |
| month | |||
| to receive 60,000 profit for the month | |||
| month |
Prepare both weekly and monthly profit formulas so that Val has a good idea about her current profit situation. Also, given her sales for the month, tell her how much her ideal expense should have been to realize her desired profit of ₱60,000.00
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