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Reply to "Lemonade stand to buy video games? "
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[quote=Anonymous][quote=Anonymous]Personally I'm more inclined to buy when a% goes to charity. Especially if it's a specific percentage and the kids can tell me how they calculate it. One impressive kid explained her detailed formula for calculating profit over expenses. She had to use her allowance money to buy the lemons and sugar and knew exactly how much she had to sell to break even and then something like half of profits would go to a refugee organization.[/quote] Lol there is no detailed formula for calculating profit for a lemonade stand. How much money she make minus how much it costs to make the lemonade.[/quote]
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