Sally is considering opening up a lemonade stand to earn some spending money over the summer. She estimates each glass of lemonade will cost her $1 to prepare for sale. What does she need to sell it for in order to make $1.50 of gross profit on each glass? a. $2.50 b. $2.00 c. $3.00 d. $1.50

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Gross profit of $1.25 on each sale ?

Direction: Read and understand the given problem. Problem: Rhea is engaged in a buy-and-sell business of signature perfumes. She buys 10 boxes of perfumes. Each box costs 12,000.00 and contains a dozen of perfume bottles. She plans to sell one perfume bottle at P1,500. What is her expected profit on the 10 boxes of perfumes? Note: Getting the difference between the amount of money earned from selling 10 boxes containing a dozen of perfume bottles and the cost of those 10 boxes gives the profit." Еxplore! 1. How much profit does Rhea earn? 2. What do you think of Rhea's business? 3. Is it good for a beginner? Why? 4. What do you think should Rhea do in order to flourish in her business?

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After a successful year for your beach shop, you are wondering whether to open one more store this year. There are equal chances for the coming summer to be rainy or sunny. If the weather is sunny, you will earn $55,000 in profits per store. However, if the weather is rainy, your profit will be $35,000 if you open one store and zero if you open two stores. What is your expected profit under complete information? O A $110,000 OB. $55,500 OC. $90,000 D. $72,500

Suppose your company sells a 3 pack of lenses that attach to smart phones to improve the quality of pictures people take.  You pay 29.95 for each 3 Pack and sell them for 59.95.  What is hyour Cost of Goods Sold Perrcentage for htis item? Suppose you sell 8,000 of the 3 pack of lenses described in question 3 above in one year.  Your cost on each 3 pack is 29.95 and you sell them for 59.95.  If your operating expenses for the year total 144,080, what are your net income and net profit margin percentage?