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What the team projected net income at planned sales level

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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: What the team's projected net income at its planned sales level would be

Reference no: EM132678216

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What the expected total sales in dollars would be : What the expected total sales in dollars would be? Fixed costs, including player salaries and operating expenses, total $1.2 million for the season.

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