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First season

# First season - First season Day 1 Weather was sunny...

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First season Day 1 - Weather was sunny Partnership formed using \$20 cash from each of two partner as initial capital so after forming partnership starting inventory: cash = \$40. Purchases charged today are 4 pitchers for \$13, 2 mixing spoons for \$5, 150 drinking cups for \$4.5, 15 tubs of lemonade mix for \$7.5, 5 bags of ice for \$8.75. Today sales = \$58.8 (84 @ 0.7) out of 141 in 4.25 hours. Inventory used 94 drinking cups value at \$2.82, 15 tubs of lemonade mix value at \$7.5, 5 bags of ice value at \$8.75. Ending cash was \$98.8 and the store balance was \$38.75 Day 2 - Weather was normal Starting Inventory: cash = \$98.8, pitchers = 4 worth \$13, mixing spoons = 2 worth \$5, drinking cups = 56 worth \$1.68. Purchases charged today are 2 pitchers for \$6.5, 1 mixing spoons for \$2.5, 200 drinking cups for \$6, 35 tubs of lemonade mix for \$17.5, 20 bags of ice for \$35. Today sales = \$44.1 (63 @ 0.7) out of 127 in 5.25 hours. Inventory used 74 drinking cups value at \$2.22, 13 tubs of lemonade mix value at \$6.5, 20 bags of ice value at \$35. Ending cash was \$142.9 and the store balance was \$106.25 Day 3 - Weather was normal Starting Inventory: cash = \$142.9, pitchers = 6 worth \$19.5, mixing spoons = 3 worth \$7.5, drinking cups = 182 worth \$5.46, tubs of lemonade mix = 22 worth \$11. Purchases charged today are 2 pitchers for \$6.5, 1 mixing spoons for \$2.5, 150 drinking cups for \$4.5, 25 tubs of lemonade mix for \$12.5, 25 bags of ice for \$43.75. Today sales = \$41.3 (59 @ 0.7) out of 122 in 5.25 hours. Inventory used 69 drinking cups value at \$2.07, 13 tubs of lemonade mix value at \$6.5, 25 bags of ice value at \$43.75. Ending cash was

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First season - First season Day 1 Weather was sunny...

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