FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Olivia decides to open a lemonade stand using $20 of her own money. If she generates $20 of profit after accounting for expenses, what is

Olivia decides to open a lemonade stand using $20 of her own money. If she generates $20 of profit after accounting for expenses, what is her rate of return on her investment?

a.

100%

b.

50%

c.

200%

d.

0%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

Explain how psychologists study health and wellness.

Answered: 1 week ago

Question

★★★★★
Morten Food Products, Inc. is a regional manufacturer of salty food snacks. The firm competes directly with the national brands including Frito-Lay, but only in the U.S. Southeast. Last year Morten...

Answered: 1 week ago

Question

★★★★★
Problem 7.2A (Static) Recording sales, sales returns, and cash receipts for a retail store. LO 7.1 Precision Electronics began operations September 1, 20X1. The firm seils its merchandise for cash...

Answered: 1 week ago

Question

★★★★★
Question 1 Nadia inc produces a new product this year and has the following information available Opening inventory 0 Units produced 24,000 Units sold 21,600 Selling price per unit $77 Direct...

Answered: 1 week ago

Question

★★★★★
Question: Which of the following statements regarding the A* search algorithm is correct? A) A* always expands the least-cost node first, regardless of the estimated cost to the goal. B) A*...

Answered: 1 week ago

Question

★★★★★
Question: Which of the following statements about Graphs in Data Structures is correct? A) A directed graph can have multiple edges between the same pair of vertices in a single direction. B) In a...

Answered: 1 week ago

Question

★★★★★
Question: Which of the following statements about Hashing in Data Structures is correct? A) Hashing always guarantees O(1) time complexity for search operations, regardless of the number of elements....

Answered: 1 week ago

Question

★★★★★
Question: Which of the following statements about Graph Traversal algorithms is correct? A) Depth First Search (DFS) always finds the shortest path between two nodes in an unweighted graph. B)...

Answered: 1 week ago

Question

★★★★★
Question: Which of the following statements about Binary Search Trees (BST) is correct? A) The time complexity of searching for an element in a balanced Binary Search Tree is O(n). B) In a Binary...

Answered: 1 week ago

Previous Question Next Question