Determine what the total sales in dollars would be

Assignment Help Financial Accounting
Reference no: EM132705050

The Ice City Blades are a minor league ice hockey franchise. Their arena has 5,000 seats, all of which sell for $11 per ticket per game. The team plays 40 games and expects to average 70 percent attendance at each game. Variable costs related to ticket printing, promotions, and mailings are estimated to be $1 per ticket. Fixed costs, including player salaries and operating expenses, total $1.2 million for the season.

Problem 1: If the team sold every ticket to every game, the total sales in dollars would be

Reference no: EM132705050

Questions Cloud

Change organizational attitudes toward preparedness : How did September 11th change organizational attitudes toward preparedness?
Calculate sharp measure for niki malone portfolio : Niki Malone's portfolio earned a return of 11.8% during the year just ended. The portfolio's standard deviation of return was 14.1%.
Find what the total sales in units would be : Variable costs related to ticket printing, promotions, If the team sold every ticket to every game, the total sales in units (tickets) would be?
Firm current value of operations-holy blade inc : Holy Blade Inc. forecasts a positive Free Cash Flow for the coming year, with FCF1 = $10,000,000, and it expects positive numbers thereafter, with FCF2
Determine what the total sales in dollars would be : If the team sold every ticket to every game, the total sales in dollars would be? Fixed costs, including player salaries and operating expenses, total $1.2.
Discuss in depth about few perceptual distortion and bias : As the famous saying goes by, "What you see and what you hear depends a great deal on where you are standing. It also depends on what sort of person you are."
Moral criticisms of the market : Consider the context of the article; the Berlin Wall fell months after the article was published. The USSR followed shortly thereafter.
Firm estimated intrinsic value per share-kosm inc : Kosm Inc. forecasts a positive Free Cash Flow for the coming year, with FCF1 = $10,000,000, and it expects a growth rate of 30% for the next two years.
National minority supplier development council : Should U.S. civil rights laws apply to U.S. companies' foreign operations? Americans tend to believe that U.S. legal system is better than that of countries

Reviews

Write a Review

Financial Accounting Questions & Answers

  From mechanical engineering

From mechanical engineering solve the question below as shown in the image.

  Find the interest rate earned on a deposit

Determine the interest rate earned on a $1,850 deposit when $2,150 is paid back in one year. (Round your answer to 2 decimal places.)

  Advise jim as to his legal position

Advise Jim as to his legal position. Does a contract exist - case law and the relevant sections of any applicable legislation.

  Find what is the portfolio beta

What is the portfolio's beta? Note: Enter your answer rounded to two decimal places. For example, if your answer is 12.345 then enter as 12.35

  Compute return on assets for the fiscal year

Compute return on assets (ROA) for the fiscal year ending January 28, 2012. Interest income for this year was $3 million, so interest expense was $869 million

  Transactions in the accounts of the summer employment

On January 1, 2015, the first day of its fiscal year, the city of Carter received notification that a federal grant in the month of $650,000 was approved. Teh grant was restricted for the payment of wages for teenagers for summer employment. The term..

  Prepare the adjusting entries needed at august

Prepare the adjusting entries needed at August 31, 2017. On August 1, the company borrowed $30,000 from a bank on a 15-year mortgage.

  Prepare the consolidated financial statements for nanotech

If the marketing software was undervalued by $20,000, what amounts for SoftPlus wouldappear in PanTech's December 31, 2013, consolidated financial statements?

  Prepare a make or buy analysis

Prepare a make or buy analysis showing the annual advantage or disadvantage of accepting an outside supplier's offer.

  Calculate the net change in cash and free cash flow

Barton and Williams Company reported the following items in 2015: Calculate the Net cash provided by operating activities, The net change in cash during 2015 and Free cash flow.

  Part 1 sharemarket assignment sheet- select a share

part 1 sharemarket assignment sheet- select a share portfolio consisting of one company from each group listed above.

  About the tax rate schedule

Chuck, a single taxpayer, earns $177,500 in taxable income and $32,000 in interest from an investment in City of Heflin bonds. If Chuck earns an additional $100,250 of taxable income, what is his marginal tax rate on this income?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd