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Valentin [98]
3 years ago
8

Greg Winston has gone bankrupt and started a lemonade stand. He has invested $400 in lemonade equipment, and he sells a glass of

lemonade for $4. His unit cost of producing a cup of lemonade is $2.50. How many glasses of lemonade must Greg sell to generate a profit of $300?
Business
1 answer:
juin [17]3 years ago
5 0

Answer:

See below

Explanation:

We will apply the formula below to compute the above given information.

= (Fixed cost + Desired profit) / Contribution margin

Given that;

Fixed cost = $400

Desired profit = $300

Contribution margin = Unit selling price - Unit variable cost = $4 - $2.5 = $1.5

Therefore,

= ($400 + $300) / $1.5

= $700 / $1.5

= 466.67

Therefore, Greg must sell 466.67 units of lemonade glasses to generate a profit of $300

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Options:

[A] The new client is a personal friend of the RR who will be in charge of overseeing the new account.

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[C] The new client submits a written statement stating that for convenience purposes, he only uses a P.O. Box for all correspondence.

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B

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Unless the new client provides a real address (either home or office), the account cannot be opened. FINRA regulations do not consider a P.O. Box as an acceptable residential address. The RR can send all the correspondence to the P.O. Box if the client requests it, but the client must still provide a real home or business address.

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4 years ago
The Bassos contracted with Dierberg to purchase her property for $1,310,000. One term of the contract stated, "[t]he sale under
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Answer:

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The argument by Miceli and Slonim does not hold water.  The contract did require closing exactly at 10:00 AM, and not some time on May 16.  In my considered opinion, suing Dierberg is a waste of court time and process.

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Mary signed up and paid $1,260 for a 6 month ceramics course on June 1st with Choplet Ceramics. As of August 1st, Choplet’s acco
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Answer:

Answer:

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Explanation:

Data provided in the question

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