Lemonade Stand 101
Stop traffic with this hot-and-sunny day treat.
Kids know lemonade stops traffic. Given a hot sun and a blue sky, passersby rarely resist a chance to buy a refreshing drink from young entrepreneurs.
Many children's first business venture is a lemonade stand. They may have as much fun with their strategic planning and production as the exchange of cold drinks for cold cash.
Mom and Dad, plan on serving as the venture capitalists and quality control supervisors. Why not suggest a fruity homemade lemonade? An excellent product always ensures repeat sales, and you'll appreciate that: After all, you may become the best customers!
Math class story problems are much more fun when they're about the project at hand. Try these:
1. If our recipe uses 4 lemons plus sugar and water to make 6 cups of lemonade, and one cup equals 8 ounces, how many ounces of lemonade does this recipe make?
2. If you use 3-ounce cups for your stand, how many servings will you have from each batch of Fruit Power Lemonade?
3. You paid $1 for lemons, $2 for fruit, and 25 cents for sugar. The other supplies were donated. How much profit will you make if you sell all the lemonade for 50 cents a cup?
1. 6 cups x 8 ounces per cup = 48 ounces lemonade. 2. 48 ounces lemonade divided by (symbol) 3 ounce cups = 16 servings. 3. 16 servings x 50 cents per serving = $8 projected gross profit. Gross profit ($8) - costs ($1 + $2 + 25 cents) = projected net profit ($4.75).
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