How many scanners would produce a maximum profit?
Q. The marketing department of a company estimates that the demand for a color scanner is p=100-0.0001x, where p is the price per scanner and x is the number of scanners. The cost of producing x scanners is C=350,000+30x and the profit for producing and selling x scanners is P=R-C=xp-C. Graphing the profit function, what would be an estimate of the number of scanners that would create a maximum profit?
Asked by Student 4 Christ - Thu Sep 17 20:16:26 2009 - Engineering - 1 Answers - Comments

A. P = xp-C P = x(100-0.0001x) - (35000+30x) P = 100x - 0.0001x2 - 35000 - 30x P = -0.0001x2 + 70x -35000 This is a quadratic equation. It forms a parabola shape when you graph it. If you graph this for x ranging from 0 to 500,000 (in steps of 10,000), you'll notice that the parabola peaks out at around 350,000 and the profit is 11,900,000 I used Excel to do the graphing, but a graphing calculator would do the same thing. .
Answered by tlbs101 - Mon Sep 21 14:32:09 2009

How much profit per cow per acre per year in Georgia?
Q. I was wondering if anyone could tell me what kind of profit cow farmers make average per acre in Georgia. I know it varies, but I am in south georgia, and am looking for ballpark figures on what kind of profit you can make per acre raising cows. I have a specific reason I am asking the profit per acre, so please answer in that format with a price estimate. Not looking for exact numbers, because I know it will vary. Thanks a lot.
Asked by Brandon - Fri Jul 24 01:16:43 2009 - Agriculture - 1 Answers - Comments

A. it would vary hugely depending on the price of feed, the price of cows, the price of land, and what you want to do with the cows. Replacement heifers would be completely different than fat steers.
Answered by - Sat Jul 25 15:44:02 2009

How much profit could you make from selling cigs you rolled yourself?
Q. I don't smoke, never will or have, I only wish to sell. From what I am reading, you can buy 1 lb of tobacco for around $20. Now, I can't imagine the rolling paper being too expensive, and rolling machine may cost a bit of money but whatever. Is rolling my own cigarettes and selling them a little bit cheaper than the store a good business move as far as profit is concerned?
Asked by - Wed Jul 28 00:47:40 2010 - Small Business - 2 Answers - Comments

A. Hi, Machine is about $50.00, bag of tobacco & pre made cig tubes will on average cost 1.50 per pack to make. As others said you can't just sell, you must pay state taxes, the packs aren't sealed etc. Just like someone going to another state to buy cigs at a cheaper price to bring back & sell is illegal. You can buy & make them for yourself (which you state aren't doing) but they can't be sold. Also there are various types of tobacco, regular cig tobacco costs more than pipe tobacco but i think they make blends that can work for cigs but labeled pipe tobacco.
Answered by krn001 - Wed Jul 28 01:03:11 2010

How do non profit organizations set up payroll accounting for executives?
Q. Our non-profit treasurer wants to know how to pay executive salaries and wants to see examples. Any help?
Asked by Gzen - Mon Jul 5 10:14:16 2010 - Other - Business & Finance - 1 Answers - Comments

A. You really need a treasurer with bookkeeping/accounting experience. or at least a copy of Quickbooks. Just because the organization is non-profit, employees still pay taxes, so make sure the appropriate deductions are made and properly allocated, and cut the checks.
Answered by Piggiepants - Mon Jul 5 14:57:21 2010

If you start a for profit business can you accept donations?
Q. Hey everyone - My friend and I are looking to start a for profit business that would fall into the environment area. Because this deals with going green etc, we could see donations as being a very real deal. We are college students and do not have money currently and donations would certainly help to start up the business. Once we get the website up and running, are we able to put a section for donations w/o having to go not for profit? Or does it not matter? Thanks!
Asked by Packers4 - Tue Sep 30 12:40:47 2008 - Small Business - 4 Answers - Comments

A. I would check with a lawyer on the details. It can be done, but its a sticky situation that could get you in big trouble if you make a small mistake. You need to make sure that people know exactly where those donations are going and make it clear that you are not a non-profit organization. Many for-profit corporations use a non-profit division to shield themselves from the potential landmines associated with accepting donations, but this non-profit division needs to have legitimate charitable goals, and it needs to be able to show that the donations actually go toward achieving those goals.
Answered by SmartA$$ - Tue Sep 30 12:47:01 2008

What does the gross profit to sales revenue ratio?
Q. I mean it's the net profit to sales revenue that should matter as it's when the expenses have been paid for...! Also, is gross profit margin the same thing as gross profit to sales revenue? Thanks!
Asked by Quod me nutrit me destruit - Sat Nov 7 14:26:56 2009 - Corporations - 1 Answers - Comments

A. Gross profit - tax -dividend = Net profit. Yes, both are same.
Answered by gosain - Wed Nov 11 12:55:14 2009

How much profit can I make by buying an appartment building on mortgage?
Q. Well i am 14 years old, and I am thinking that (after I grow up), if whether there is a way to make profit by buying an appartment building on mortgage. Then renting the appartens.
Asked by scorpia - Mon Apr 5 21:59:06 2010 - Renting & Real Estate - 2 Answers - Comments

A. Yes. You can make money two ways - the rents you collect is greater than your mortgage plus maintenance bills. The second way is through appreciation or neighborhood revitalization - the building becomes worth more over time. Repairs and on-going maintenance can be expensive. If you're thinking this could be of interest to you, you might want to learn some of the more common repairs and then you'll only need to call in the experts on certain problems. The regular stuff would be keeping the area clean, cutting the grass in the summer, handling the snow in the winter. When tenants move out there usually is painting and cleaning the rugs. I have a friend that owns several apartment buildings. He can change light fixtures, handle simple… [cont.]
Answered by - Mon Apr 5 22:15:37 2010

What good is zero economic profit in perfect competition?
Q. I'm learning about how long run output/profits affect entry and exit in a perfect competition market. To my knowledge, firms enter and exit until all firms earn zero economic profit. What I don't understand is why firms would continue operating if they were making zero economic profit? Why would they want to operate in a market that makes no profit? Please explain to me. I think I'm missing a point here. Thanks.
Asked by myname_isalbert - Thu Nov 26 23:27:12 2009 - Economics - 2 Answers - Comments

A. That model, you will learn, assumes that there are only 2 factor to production. Capital and labor. Then it assumes that capital must be rented. That last assumption is false. In the real world the owners of capital and firms are often the same thing. So then economic profit would not be zero. Also remember the its zeros long term economic profit. In the short run it is possible to make profit. Plus economic profit assumes that there are no constraints on inventing. That is also false, you may choose a less risky and more competitive market becuase you do not have the ability to invest in another market.
Answered by SmithtoMalthus - Fri Nov 27 01:47:09 2009

What is the profit-maximizing output level and what are the firms economic profits?
Q. I'm at a loss... Any and all help is greatly appreciated. Thank you! The marginal revenue curve of a monopoly crosses its MC curve at $30 per unit, & an output of 2 million units. The price consumers are willing to pay for this output is $40 per unit. If it produces this output the firm's ATC is $43 per unit, & its AFC is $8 per unit. What is the producer's profit maximizing output level? What are the firm s economic profits?
Asked by s a - Mon Apr 14 20:09:49 2008 - Economics - 1 Answers - Comments

A. 3!
Answered by The emperor has no clothes - Mon Apr 14 20:28:40 2008

What is the difference between economic profit and accounting profit?
Q. What is the difference between economic profit and accounting profit, and how does this difference matter for actual business decisions?
Asked by SeekingKnowelgeFromYou - Thu Jun 12 02:51:31 2008 - Economics - 2 Answers - Comments

A. simply put, accounting costs are the total money costs to do business. Economic costs are an addition to accounting costs. They primarily include opportunity costs. The opportunity cost is the cost of the next best alternative use of your money. For example: if you made a $100 profit on the books(accounting) but you could have made $50 profit if you invested that same amount of money in savings (economic cost), then your economic profit will be $50 (100-50=50)
Answered by John D - Thu Jun 12 03:12:59 2008

What is the probability that the business makes a profit in exactly two of its first three years?
Q. Assume that the business makes a profit with probability 0.3 in the first year. For each year thereafter, the business makes a profit with probability 0.7 if it made a profit in the previous year, and with probability 0.2 if it did not make a profit in the previous year. What is the probability that the business makes a profit in exactly two of its first three years?
Asked by Laura - Tue Oct 5 00:31:54 2010 - Mathematics - 1 Answers - Comments

A. There are only three ways that can happen: It profits in years (one and two but not three) or (one and three but not two) or (not one, but two and three). "Or" means add, so we just need to figure out the things in the parentheses and add them. If we follow the map they laid out carefully, the first parenthetical set is 0.3x0.7x0.3. The second set is 0.3x0.3x0.2. The third is 0.7x0.2x0.7. So these are 0.063+0.18+0.098 = 0.341. Recheck my math!
Answered by End Libtardation - Tue Oct 5 00:40:28 2010

Can you start a non-profit ministery by going to a college where you not paying?
Q. I w as wondering f not paying for your courses is a good choice. I want to start a deaf non-profit christian organization. I will need bibical and church and maybe conusling background. I need this to help people in my non-profit organization. I also need classes on non-profit.
Asked by Princess Baughan - Wed Aug 31 23:48:48 2011 - Government & Non-Profit - 2 Answers - Comments

A. The first thing you need is spelling lessons. You do not have a "nonprofit", Who's going to give you free college? you have no clue what you're babbling about.
Answered by - Thu Sep 1 00:47:42 2011

How much profit does a staffing agencies make in Ontario?
Q. How much of a profit margin does a temp/staffing/Employment agencies have in Ontario ? There are a lot of them around are they making good money?
Asked by - Wed Dec 14 14:33:34 2011 - Corporations - 1 Answers - Comments

How much profit do you really think a dealer has in cars?
Q. From the $10,000 to the $100,000 car, what do you really think the bottom line is? I sell cars and it seems that everyone thinks there is a ton of profit in a car, what do you think?
Asked by cinderjo - Sat Sep 16 07:40:21 2006 - Other - Cars & Transportation - 8 Answers - 1 Comments

A. no... i'm with ya... there is not that much as ppl think... i'd say it would b between $100 - $5000 per car (depending on the original cost from source & custum taxes)... so... am i right ?!
Answered by Jafar B - Sat Sep 16 07:51:18 2006

What percentage of the profit to give to new partner in a restaurant setting?
Q. My uncle has a restaurant that needs money for an expansion. He already put in $250,000 and his friend is willing to loan him $50,000 but wants 20% of all future profit? Is his friend asking too much? What percentage is fair to give to his friend for future profits?
Asked by - Fri Nov 20 01:38:34 2009 - Small Business - 3 Answers - Comments

A. No way is that a fair offer. He came to that number because $50K is 20% of the $300K total invested for the expansion. What isn't being considered is the time and energy spent to get the restaurant going to the point of needing to expand. I would say something more like 20% until 50K is paid and then continue paying 20% for 3 or 5 years. But all future profit forever is to much. And he isn't a "partner" he is an "investor". The difference is your uncle still makes all the decisions. Bringing a "partner" on means someone trying to help make decisions and that really complicates things.
Answered by douglas - Fri Nov 20 02:18:05 2009

Non-profit: What is the best way to obtain grants and/or investors for a start-up business?
Q. Specifically relating to today's economy. Please bullet answers if possible. Additional Details 1 second ago USA specific Open to UK but I imagine the law is trickier. This is for a non-profit adventurer business. Thank you.
Asked by typhillips2001 - Sun Dec 21 04:53:34 2008 - Government & Non-Profit - 5 Answers - Comments

A. Your best bet is to seek for private grants or grants from private foundations. The best resource for this is Foundation Center . They have a very good database covering all organizations giving grants and you can find foundations that are interested in supporting your type of cause. However, it's a subscription based website ($19.95 per month I think is the cheapest subscription price). But it certainly is worth the fee. You can subscribe one month, and make sure you get all the info you need and then stop the subscription. If you want to try federal sources, you can go to the Catalog of Federal Domestic Assistance (CFDA) and Grants.gov - these are two sites created by the federal government to provide transparency and information on… [cont.]
Answered by imisidro - Sun Dec 21 23:00:06 2008

What is the term used to describe profit after overheads, tax and payroll is deducted?
Q. What is terms used to describe profit after corporation tax, staff payroll and overheads are deducted? Is it net profit or operating profit? Or something else?
Asked by Vishy - Wed Jan 7 09:20:15 2009 - United Kingdom - 3 Answers - Comments

A. It is the 'net profit'.
Answered by allen555 - Wed Jan 7 09:40:16 2009

How much profit do home builders make off building an house?
Q. I am looking into starting my own home building business but am trying to work with some numbers, specifically the average profit that self employed home builders can expect to make. For example, if you sell a home for PS200,000 how much was spent on the actual construction of the home and thus how much profit does the builder accrue? Also how muhc would you have to spend for the basic electric, plumbing gas ect.
Asked by - Sat Jul 3 18:59:03 2010 - Renting & Real Estate - 2 Answers - Comments

A. Profit can be great, could be anywhere between 10k to 100k or more.. No straight forward answer, depends on the size of the home, the area, the detail of the home, etc... But this market is real tough for home builders, many sell at cost just to get rid of the debt. And many have a lot of construction sites on hold, they just can't sell the homes they already built so other projects are sitting around unfinished. Also you need to consider making a name for yourself, sad fact is not many people are willing to hire a no-namer compay to build their home. And you don't likely have a name in the business, if you did you'd know how estimates and profit works in the construction world.. No disrespect, just trying to help out.. good luck
Answered by GI Jane - Sat Jul 3 19:14:52 2010

How much profit does a car dealership make?
Q. I do not refer to the salesman or the employees. I refer the the owner of the business or the agency. How much profit they make per car? And how much cars can be sold per month on average? Thanks Eddie.
Asked by Eddie - Thu Jan 6 12:21:53 2011 - Buying & Selling - 3 Answers - Comments

A. Car Max Inc the largest U.S. retailer of used cars...averaged $2103 per car. "Retail used gross profit per car of $2,103 compares to our estimate of $2,193 and $2,100 in Q3 2009, and represents a decline vs. near-record profits of $2,205 in Q2 2010," Goldman Sachs analyst Ryan Brinkman wrote in a note to clients.
Answered by - Thu Jan 6 12:32:32 2011

How much profit does a landlord make off of renting a house?
Q. let's say their mortgage is $762 for a house, how much would they RENT the house for? what is the typical profit they make?
Asked by Alma - Fri Jul 15 21:40:15 2011 - Renting & Real Estate - 3 Answers - Comments

A. If my mortgage is $762, then I also need to count repairs, property tax, and fire insurance. Let's pretend they run $300/month. Now I have to cover $1062. Of course, that's not even counting the amount of money you are throwing away on interes. So, my goal is to rent it for at least $1200 to help make up for depriciation. However, if the market for my home is $750, then I rent it at $750 to at least cover most of the mortgage. The market shapes rent, not the owner's mortgage cost. This is why when individuals are interested in buying investment property, it's recommended to pay cash and not have to worry about mortgages.
Answered by Simpson G - Fri Jul 15 21:52:47 2011