He would want to charge $0.85 per glass of lemonade to cover his expenses and have $10.00 profit. But in reality he would'nt make $17.00 because people don't carry freaking nickels and dimes.
Answer with explanation:
A salesperson can use probability to get an idea of his business as using probability he can estimate his sale of the next month as well, based on the present and previous months sales.
It can help him sort issues or errors he is facing in his business as he will get a complete idea of his business using probability.
Moreover, he can forecast future sales by using a technique which involves assigning percentages or weighting benchmarks in sales cycle, so that he can estimate the expected revenue generated.
For example:
A supermarket sales person can assign probabilities to benchmarks in sale cycle as providing needs analysis (25 % probability), adding new product (50%Probability) , Remove a product ( 75 % probability), closing sale (100% Probability) . If these probabilities are large, then forecast model can be objective.
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So just like that by assigning probabilities to benchmarks, a sales person can forecast future sales
A budget is a periodical compilation of the estimated revenue earned and expenses incurred within a given time period
Monthly income calculation
James monthly income is calculated as follows;
Monthly income =
The required <u>James' monthly personal budget </u>is presented as follows;
Based on the above monthly income, the monthly personal budget is found by entering the given values in a budget template as follows;

Savings
$944.
Learn more about how to make a budget here:
brainly.com/question/14080312
Answer:
a = 3
Step-by-step explanation:
When you add the given value for a with 7, the resulting answer must be less than 11.
In this case, if: a = 3
Plug in 3 for a in the equation:
7 + a < 11
7 + 3 < 11
10 < 11 (True).
A) a = 3 is your answer.
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