The cost of making one cup of lemonade = 0.01 + 0.02 + 0.03 + 0.02 + 0.10 = 0.18
Wanda sells a cup of lemonade for 0.50, thus, she always make a gain of 0.32 on each cup of lemonade. That is, Profit = 0.50 - 0.18 = 0.32.
For 300 cups of lemonade, Wanda profit's will be 0.32 * 300 = 96
Therefore, Wanda's economic profit is $96.
Answer:
The correct answer is E
E. February, March and April
Explanation:
Payment for February will be received in April
Payment for March will be received in May
Payment for April will be received in June
the second quarter is April. May and June
Answer:
Income statements and or Cash flow statements.
Explanation:
Income statement and Cash flow statements are required.
Income Statement will give us insight about our costs as we maybe recording sales but if the costs and expenses are too high we are unlikely to be making enough gross profits to be able to pay bills.
Cash flow statements are required as sales may be credit and thus reducing working capital for the company, although they may be making profits but if the debts are uncollected they are unlikely to have cash available to be able to make payments.
Hope that helps.
Answer:
Online actions are not always, but many times a fraud. The Federal trade commission (FTC) warns about them in their website because a lot of people fall for them every year. If the seller doesn't accept a credit card, you can try another online payment method like PayPal, but never send cash or any check.
1. Direct
2. Indirect
I think this is correct.
