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Guest Alan Knows Best

Lesson 2

7 posts in this topic

You have;

Slices of bread X 12

Tub of butter X 1

Tomatoes X 12

Lettuce X 4

Turkey X 12 oz

COST £6.19

2 SLICES OF BRED

2 SPREADS OF BUTTER

1 CHOPPED TOMATO IN 4 PLACES

1/2 A LETTUCE

1 OZ OF TURKEY

SELL FOR £2.50

POTENTIAL TO MAKE 12 SANDWICHES = £30.00

GROSS PROFIT £30.00

NET PROFIT £23.81

___________________________________________________________________________________________________

FIND POPULAR EVENT SUCH AS PARTY IN PARK = CHECK

ACQUIRE 2 DAY LICENCE FOR £381

BUY £619 WORTH OF STOCK = CHECK

SELL 1,200 SANDWICHES = £3,000

GROSS PROFIT = £3,000

NET PROFIT = £2,000

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Which is the most universal human characteristic: fear, or laziness?

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fear

i actually need to watch waking life again, it's refreshing each time

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1200 sandwiches...

time and staff, travel costs, storage etc...

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gross profit = sales minus cost of good, so what You have listed as net profit is actually gross. unlucky

need to deduct everything before You get to net

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