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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- 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?Please see the attached photo and answer completely.Susan is trying to decide whether or not to attend college during the next 12-week session. She has the following options: 1. Attend college full-time at a cost of $1,200 2. Attend college part-time at a cost of $500 and work part-time earning $1,900 3. Work full-time earning $4,900 What is Susan's incremental profit if she chooses option 3 over option 2?
- Solve these general accounting questionShe 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:A dairy owner is deciding whether or not to invest in new milk machines. The cost of the machines is $100,000. If she purchases the machines, the dairy will earn $30,000 in the first year, $50,000 in the second year, and $60,000 in year 3. What is the NPV of the investment? (Rounded to the nearest whole dollar)
- Plank, the new owner of the vehicle accessory shop, is considering buying sets of winter tyres for $ 299 per set and selling them at $ 520 each. Fixed costs related to this operation amount to $ 3250 per month. It is expected that 18 sets per month could be sold. How much profit will Plank make each month? Hint: use the contribution margin approach.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?Sharon sells authentic Amish quilts on her website. Suppose Sharon expects to sell 1,600 quilts during the coming year. Her average sales price per quilt is $325, and her average cost per quilt is $125. Her fixed expenses total $160,000. Compute her margin of safety a. in units (quilts). b. in sales dollars. c. as a percentage of expected sales.
- 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).Please try to solve it in 30 minuteJose is thinking about purchasing a soft drink machine and placing it in a business office. He knows that there is a 5% probability that someone who walks by the machine will make a purchase from the machine, and he knows that the profit on each soft drink sold is $0.10. If Jose expeccts a thousand people per day to pass by the machine and requires a complete return of his investment in one year, then what is the maximum price that he should be willing to pay for the soft drink machine? Assume 250 working daysin a year, and ignore taxes and the time value of money.