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3 years ago

You sell 10 cups of lemonade for 1.50 each. You spent $5.00 on lemons and $1.00 for a bag of ice. What is your profit or loss?

Business

2 answers:

SVEN [57.7K]3 years ago

5 0

Answer:

Profit is $9.00!

Explanation:

RUDIKE [14]3 years ago

5 0

Answer:

$9.00

Explanation:

10 x $1.50 = $15.00

$5.00 + $1.00 =$6.00

$15.00 - $6.00 = $9.00

10 cups were sold for $1.50 each, so that would mean u earned $15.00. You spent $5.00 on lemons and $1.00 on ice so u add those up which gets u $6.00. $15.00 gained and $6.00 lost which would be a profit of $9.00

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3 years ago

Tamarisk Corporation had net sales of $2,422,100 and interest revenue of $40,200 during 2020. Expenses for 2020 were cost of goo

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Answer:

Explanation:

In the income statement, the total revenues and the total expenses are recorded.

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2 years ago

Ithaca is considering a new $45,000 snowplow that will save the city $400 per day of use compared to the existing one. It should

Yuliya22 [10]

Answer:

a/ 20 days per year on average

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Explanation:

a/ To evaluate the investment of the new snowplow, denote X is the average amount of saving per a year as the new snowplow is used.

Consider the average amount of saving as an annuity for the next 12 years, with the discount rate of 14%. The present value (PV) = 45,000 - 2,500/1.14^(-12) =$44,481.1

Thus, to obtain the rate of return of 14%, PV of the annuity should be equals to $44,481.1 meaning: 44,481.1= (X/14%) x [ 1 - 1.14^(-12)] <=> X = $7858.44

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3 years ago

g Mystery Inc has a beta of 1.1. The firm just paid a dividend of 60 cents and the dividends are expected to grow at 5.5% per ye

12345 [234]

Answer:

6.91%

Explanation:

The formula for share price using the dividend growth model stated below can be used to determine the cost of equity as well whereby the formula is rearranged in order to make the cost of equity the subject as shown thus:

share price=expected dividend/(cost of equity-growth rate)

share price=$45

expected dividend=last dividend*(1+dividend growth rate)

expected dividend=$0.60*(1+5.5%)=0.633

cost of equity=the unknown

dividend growth rate=5.5%

45=0.633/(cost of equity-5.5%)

45*(cost of equity-5.5%)=0.633

cost of equity-5.5%=0.633/45

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cost of equity=6.91%

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3 years ago

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tiny-mole [99]

Pepsi and Coke Is the correct answer!

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2 years ago

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