Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Calculate revenue from the following information. 2018 Total Park Attendence 534,784 Number of Games (2018) Regular Promotion Total Weekday: 36 8 44 Weekend: 19 9
Calculate revenue from the following information.
| 2018 Total Park Attendence | ||||
| 534,784 | ||||
| Number of Games (2018) | ||||
| Regular | Promotion | Total | ||
| Weekday: | 36 | 8 | 44 | |
| Weekend: | 19 | 9 | 28 | |
| 72 | ||||
| Attendence increases by: | ||||
| Weekend | 20% | |||
| Promotion | 15% | |||
| Sales Mix | ||||
| Weekday | Weekend | |||
| Club Seats | 25% | 26% | ||
| Box Seats | 30% | 29% | ||
| General Seats: | ||||
| Adult | 23% | 24% | ||
| Child/Seniors | 22% | 21% | ||
| 100% | 100% | |||
| Ticket Prices | ||||
| Club Seats | $ 14.00 | |||
| Box Seats | $ 12.00 | |||
| General Seats: | ||||
| Adult | $ 8.00 | |||
| Child/Seniors | $ 6.00 | |||
How do I calculate revenue with this information?
Step by Step Solution
★★★★★
3.38 Rating (160 Votes )
There are 3 Steps involved in it
Step: 1
ANS WER There are a few steps to calculate the revenue 1 Calcul ate the total number of tickets sol...
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Elementary Statistics Picturing The World
Authors: Ron Larson, Betsy Farber
6th Edition
0321911210, 978-0321911216
