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Valentin [98]
2 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]2 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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scZoUnD [109]
Im guessing sales tax would be 6.25%?
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3 years ago
What is a power grid?
Sindrei [870]

Answer:

What is a power grid?

C) Transmission lines and transformers that take and send electricity from generating facilities to end users

Explanation:

A power grid is a system of interconnected transmission lines and transformers that takes electricity from the producers to the consumers. The power grid is very important in the supply of electricity to consumers. Before power is to be transmitted to the consumers, it has to be generated. Traditionally, the conventional way of generating power was from central power stations that utilized sources like; fossil fuels, coal and natural gas. In the recent past, however, more advancements have been made towards more clean energy sources like; wind, geothermal and hydroelectricity. Clean energy sources have several benefits over the traditional sources of energy, like; they don't cause harm to the environment and also they are renewable since they can be used over and over without depletion.

Once the energy has been harnessed and converted to electricity, it needs to be transmitted. The network for transmission to the consumers is what makes up the power grid. Transmission is usually done at very high voltage to minimize losses. However, before providing it the consumers, the electricity needs to be converted to a low voltage by the use of transformers for domestic and commercial consumption.

6 0
3 years ago
Read 2 more answers
Procter & Gamble determined that its Thermacare Heat Wrap was underperforming and lacked a desired level of growth potential
Kamila [148]

Answer:

Decline

Explanation:

there are four stages of product life cycle

1. introduction

2. growth

3. maturity

4.  decline

In decline stage growth declines as a result of decrease in demand. The best decision at this stage is to divest the asset. Since Thermacare heat wrap was under performing it must be in decline stage and divestment of the brand was done by Procter and Gamble

3 0
3 years ago
Suppose nominal GDP in 2009 was $100 billion and in 2010 it was $260 billion. The general price index in 2009 was 100 and in 201
ICE Princess25 [194]

Answer:

The real GDP increased by 44%.

Explanation:

The nominal GDP is the measure of economic growth which measures change in output at the current market price.

While, the real GDP calculates the change in output at constant prices. It is inflation adjusted method and does not include change in price level. It purely measures the change in economic output.

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So, the GDP growth rate will be, $(1.44-1)*100=44%

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3 years ago
Which Type of Investment Income Happens When a Company Shares Profits With It's Investors?
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Dividends is the answer
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