Activity Profit and loss
Day 1 = I HAVE 50 DOLLARS TO START MY BUISNESS Tasha works with me , she makes boomerang that I sell, every time when I sell it I give her 5 dollars. The boomerang sells for 20 dollars . The each piece of wood costs $5. One piece of wood will make one boomerang . Day 2 = The local wood mill is closing down soon . If wood is not available locality it will cost you more . You need to go backs and buy some stock for your business How many pieces of wood would you buy = 10 How many boomerangs did you make = 10 You go to the market and sell half of what you make = 5 How much do you owe Tasha from the sales = 25 How many boomerangs do you have to sell it tomorrow = 5 Day 3 = A cyclone is predicted to hit my town tomorrow, from it I can expect that the cyclone would not less us work tomorrow . Cyclones can be very dangerous .So we need to stay at are homes and taking leave. My business can be affected by money loss . Day 4...
