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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- General accountingFinancial accountingGloria is planning on opening a cake shop. She has found a location that rents for $15,550 per year and it will cost her another $13,716 to furnish the shop and purchase all the necessary equipment. She plans on charging $20 for a cake and it will cost her $3 per cake for ingredients and $1.92 per cake for decorations and $1.59 per cake for the beautiful, colorful to-go boxes. What is the dollar breakeven point she will need to earn to cover her costs in the first year? Round to the nearest whole number.
- 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
- 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?She wants to know the amount of money she will be receiving after 6 months What I Can Do Read and analyze the situation below then answers the question gve. Your mom asked your opinion if she will be joining the cooperative in her office. and wanted to buy something in December. The cooperative wants her to contribute P1,000 per month beginning in June 2020 which will earn 3% compounded monthly. How much will be the future value of your mom's contribution at the end of December 2020? Tasks: Tou need to prepare a report showing a cash flow diagram on the total amount Of money your mother will earn at the end of December. Teport, write a conclusion stating your opinion to help your mom to decide. At the end of your Cash Flow Diagram onclusion:
- I need help answering this question.Lou buys bottles of water from the grocery store, but is now considering the environmental ramifications of the waste. He is considering getting a water filtration system in his home, but it will cost $1.000, which would mean he would take out a small loan at 7% interest for one year. If bottled water costs $7 a week, what would be the difference in the costs after one year?You are thinking of starting a food delivery service. If you decide to go ahead, you would need to purchase a vehicle for $20,000 and establish a cash balance of $100 to use to make change for customers. The CCA rate for vehicles is 30%. The estimated annual pre-tax net operating cash flow is expected to be $8,000. The small business tax rate of 18.62% would apply. An appropriate discount rate for this type of business is 12%. a) What is the NPV of starting the business, operating it for 2 years and keeping the vehicle (but not the cash balance) after that? b) What is the NPV of starting the business, operating it for 2 years and then winding up all aspects of the business, including selling the vehicle for $10,000? The business has no other automotive assets. c) Should you go ahead with the business? Why or why not? (A one sentence answer is fine, but it should refer to the impact on you, not just the numbers).