ESB MATH

Sherry sells purses. What is Sherry’s ROI?

a. Production cost: $17.20/purse

b. Selling price: $30/purse

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Andrea owns a food truck. Last month, her starting balance was $3,400, her ending balance was $5,300, and her revenue was $4,700. What is Andrea’s burn rate for last month?

Andrea owns a food truck. Last month, her starting balance was $3,400, her ending balance was $5,300, and her revenue was $4,700. What is Andrea’s current run rate?

Zach owns a car detailing shop. Last year, he had a beginning cash balance of $5,600, total cash sales of $21,800, $4,700 in utilities, $3,400 in loan payments, and $1,200 in marketing costs. What was Zach’s ending cash balance for last year?

Jane owns a dress-making business. Her income last quarter was $8,000, her cost of goods was $1,500, and her total expenses were $3,000. What were Jane’s net income?

Mallory sells hats. Last month, Mallory had an income of $3,800, her cost of goods was $875, and her total expenses were $1,400. What was Mallory’s gross income?

Ashley sells cars. She has $26,000 in cash, $34,000 in inventory, a $4,600 credit card balance, and $7,900 in long-term debt. What is Ashley’s equity?

Ben owns a shoe store. He has a new line of limited-edition running shoes that he will be selling in his store soon. The cost of manufacturing the shoes was $18 per pair, and he wants to make a 20% profit on each pair he sells. What is Ben’s selling price?