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?
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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. $72,500Suppose 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?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 $90,000 in profits per store. However, if the weather is rainy, your profit will be $60,000 if you open one store and zero if you open two stores. What is your expected profit under complete information? O A. $75,000 O B. $180,000 OC. $150,000 O D. $120,000
- Please see the attached photo and answer completely.I need the answer as soon as possibleOften it makes a lot of sense to spend some money now so you can save more money in the future. Consider filtered water. A high-tech water filtercost about $60 and can filter 7,200 ounces of water. This will save you purchasing two 20-ounce bottle of filtered water every day, each costing $1.15. The filter will need replacing every 6 months. How much will this filter save you in a year’s time?
- Solve these general accounting questionSusan plans on selling her mugs. She has created two scenarios and wants to know which will provide her the better profit. In order to help her figure this out, she asks you to figure out when the two options are the same. Option 1: Sells at a local store. It costs her $445 for a shelf at the store, but it's in an upscale neighborhood that gets lots of foot traffic so she can sell the mugs for $30 in profit. Option 2: Sell at the local farmers market. It costs her $100 for a booth, but busy can vary quite a bit. She figures she call sell the mugs for a $7 profit. When are the two options the same?I need help answering this question.