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Leya [2.2K]
2 years ago
8

You sold 12 plants for $5.00 each. You purchase seeds at the Dollar Store for .50 a pack. The plant container costs $2.00 each.

What is the profit or loss?
Business
2 answers:
andreev551 [17]2 years ago
6 0

Answer:

$35.50 profit

Explanation:

Revenue = $60  (as 12 x 5) = £60)

Plant container $24 (as 2 x 12 = $24)

Seeds $0.50

Subtraction from Revenue = 60-24-0.50 = $35.50

As you would have bought plant pots separately, and each are $2 and because you wouldn't have used these for growing for seed, only for sales and replanting, having used a seedling tray as extra and not shown these costs- each plant therefore would require a plant container priced $2 each.

alina1380 [7]2 years ago
5 0

Answer: Well, first this relies on whether or not a pack plants twelve plants or just one. For the sake of this question, I will assume they plant one. Each plant costs two dollars and fifty cents to plant, and each are sold for five dollars, making two dollars and fifty cents profit on each. 12 times 2.5 is thirty dollars of profit total.

Explanation:

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In 2021, Short Construction began construction work under a four-year contract. The contract price is $2,000,000. Short recogniz
Masja [62]

Answer:

The appropriated answer will be "$1,700,000".

Explanation:

Revenue understood by completion percentage = Design balance throughout progress = $200,000

The percentage completion throughout the whole year will be:

⇒  \frac{200,000}{2,000,000 }

⇒  10 \ percent

The cost incurred throughout the whole year will be:

⇒  Revenue \ recognized - Income \ on \ the \ contract

⇒  200,000 - 30,000

⇒  170,000 ($)

Now,

The total estimated cost of the project at the end the year 2021 will be:

⇒  \frac{170,000}{10 \ percent}

⇒  1,700,000 ($)

6 0
2 years ago
Martinez Company has an old factory machine that cost $66,000. The machine has accumulated depreciation of $36,960. Martinez has
brilliants [131]

Answer:

Journal entries

Explanation:

The journal entries are as follows

(a) Cash A/c Dr $33,000

   Accumulated depreciation A/c Dr $36,960

            To Factory machine A/c $66,000

            To Profit on sale of factory machine A/c $3,960

(Being the sale of machinery is recorded and the remaining balance is credited to the profit on sale of factory machine account)

(b) Cash A/c Dr $19,800

    Loss on sale of factory machine A/c $9,240

    Accumulated depreciation A/c Dr $36,960

            To Factory machine A/c $66,000

(Being the sale of machinery is recorded and the remaining balance is debited to the loss on sale of factory machine account)

8 0
3 years ago
The Aztec civilization also had a school for a few select young women to become priestesses where they learned to weave and deco
Vladimir [108]

Answer:

True

Explanation:

The women become priestesses in a school, where they learned to weave an decorate costumes.

3 0
3 years ago
Are there any true communist economies today? Which economies call themselves communist, and what are they actually, if not comm
Stels [109]

Hey!! Glad I can help!!!

Answer:

Today, the existing communist states in the world are in China, Cuba, Laos and Vietnam. These communist states often do not claim to have achieved socialism or communism in their countries, but to be building and working toward the establishment of socialism in their countries.

If satisfied leave a review and feel free too give me brainiest :D

5 0
3 years ago
Which information would most likely cause a company's stock price to go up?
egoroff_w [7]

Answer:

The company releases an innovative car with unique features

Explanation:

6 0
2 years ago
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