Make big profit

A. Less than 10% of the selling price
B. 10%-25% of the selling price
C. 25%-50% of the selling price
D. More than 50% of the selling price

im doing a report and i need to know how much iams loast in profit from the food being pulled off the shelves

Tanya imports sweaters from Peru and sells them from her home. She collects $400,000 in revenue a year, and spends $200,000 on the sweaters and shipping costs, as well as $25,000 on accounting services and utilities. She used to make $100,000 per year working for an advertising agency. Now she works out of the basement of her house, for which she doesn’t have any other marketable use. She has no other expenses.

Tanya’s economic profit is:

A. -$25,000
B. $100,000
C. $75,000
D. $175,000

I know that accounting profit is $175,000 and the equation for economic profit is economic profit = accounting profit - opportunity cost.
I’m just unsure which counts as opportunity cost bc my answer is not one of the choices ><

THANKS!
SORRY!!

The TITLE of the question is wrong...i meant ECONOMIC PROFIT!

Fipping houses for profit has been the latest “trend”, especially on TV and they make it out to be so easy; find it, flip it, sell it, $$$.
However, I was under the impression that you have to pay a Capital Gain Tax on the profit of the sale, which is never mentioned on TV. Is this true or is there ways around it?

Hi guys,
Can someone help me about this… i already answered part (a), but i dont know if i am correct…and also please help me about (b)…thnx…

New World Hotel Limited has just started in business this year.

(a)During the year purchase (all for cash) were:
Beer$464,300
Wines$314,200
Spirits$230,900

At the end of the year stocks on hand were:
Beer$24,000
Wines$103,900
Spirits$46,900

Required:
What was the cost of the beer, wines and spirits sold by the hotel during the year?

Beer:$464,300 - $24,000 = $440,300
Wines:$314,200 - $103,900 = $210,300
Spirits:$230,900 - $46,900 = $184,000

(b)Sales (all for cash) during the same period were:
Beer$764,000
Wines$285,000
Spirits$468,800

Required:

(i)Prepare a cash flow statement for the drinks trading.

(ii)Prepare a profit and loss statement for the drinks trading.

(iii)Which part of the trade is most profitable? Discuss.

I was just looking for a number to call to cancel because all of the numbers i found are useless. The number they have in the terms and conditions is useless, i asked the lady to cancel my easy google profits account, and she gave me another number that was disconnected. Nice, huh? Does anyone have a real number that can help me cancel this scam?

If you read on this board all the anti-business rants, you’d think democrats think 100% of a businesses profits should go back to the employees, and the owner/entrepreneur should live in a shack behind his business and not profit from his entrepreneurship and business.

ok i clicked on a site called easy google profit. It says i could have checks up to 500 to 1500 dollars a week. All i have to do is advertise sites. Do you think its a scam and if i sign up will it mess up my computer? If you have information about please tell me. Thank you

It it really possible to make a profit on ebay? Also, do I have to get permission from a manufacturer to sell and item?

I would like to sell diaper cakes. But just thinking about the cost of all the items, including the diapers, I don’t see how I could make a real profit. And where can you get baby stuff in bulk?