Question: please show workings answer should be 105 1. Dan buys and sells puff-puff. He sells each plate of puff-puff at 12 and buys at 5.

 please show workings answer should be 105 1. Dan buys andplease show workings answer should be 105

1. Dan buys and sells puff-puff. He sells each plate of puff-puff at 12 and buys at 5. Puff-puff has to be sold warm and cannot be reheated, The market is very uncertain but Dan is a pessimist. He knows that on a good day he can sell as much as 3,000 plates, on an average day he can sell as much as 1,000 plates and on a bad day he sells only 15 plates. What will be the net margin if it turns out to be an average day?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!