Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(b) How large was the impact of competitors 2-for-1 price (c) How large was the impact of Cinemexs own 2-for-1 deal on its own ticket

(b) How large was the impact of competitors 2-for-1 price (c) How large was the impact of Cinemexs own 2-for-1 deal on its own ticket sales? On its average ticket price? On total revenue? (d) Why might a 2-for-1 deal be better for exhibitors than a straight reduction in price?

Cinemex Summary Statistics, 2000

Film Rental (% of Net BO) 40.5%

Advertising Exp (% of Net BO) 1.5%

Concession COGS (% of concessions). 27.0%

Total Attendance 22,307,310

Average Ticket Price $26.66

Concession per Person $13.96

Other Revenue per Person $0.24

Payroll per Admit $3.82

Supplies and Services per Admit $3.18

Occupancy Expenses Per Admit $6.10

Revenue per staff hour 470.43

EBITDA per staff hour 143.84

Attendance per Screen/Week 1,807

Box Office per Screen/Week $48,18

image text in transcribedimage text in transcribedimage text in transcribed

FVX TE TI DPP LIPPO 6 ::r) + O File C:/Users/marin/txownloads/W2_Cinemex%20Case%20Study:20(1).pdf 3 - Contents 4 af 6 Q + | Page view AY Read aloud WE Add text V Draw Y Highlight Erase P Exhibir 1 Cincin Tamil, 2010 REVENUE Gaba Boots CT.XY VID 94,312 151221 AW14 . 911 319 TID,192 19. - AR111 $ 1994.412 0.2 = reterest FMRIN TOTAL NET REVENUE ht ARS, 8.212.221 800 Car999 TOTAL COET UP HALES NUE OPERATINO TOPIT SI,2,3 0649 Then Olen Dar24 TOTAL OPERATING EXPENSES SIENA 1.1983 I. 345,228 COD 07:29 THEATRE LEVEL CASH FLOR 22,011 Canal Eq 42,079 819 EBITDA 1114 U. = Ly: u TOTN WIN OSERATINA FXP 19.49371 10071 15, 16 COIT ! --- -= Tel Our Expre! KET INCOVE BCTORE TAXES 2474221; 0544.2 122435,313 13129 200.211 we w NET INCOME Werests ar Type here to search OP P . 50F 8:48 PM 11/4/21721 TE TI ID: PP IPPOLD 6 ::r) + 0 File cy/Users/marin/bXownloads/w2_Cinemexx.20Case%20Study:2041).pdf 3 - Contents 5 af 6 Q 0 + (D Page view A Read aloud 0 Add text V Draw Highlight Erase P Echinir Cinem Rammy Statistics, An ADIES CACAOW! dir 13 37 9,717:10 . w T9114 AU: CP Capa Pem USHIP Ford TH 20 PM Departe ROOT ESTDA Ada Band P-Werial 5112 33.18 94 ID 4028 BUT AIE: : : Type here to search O A S P 50F 8:48 PM 11/4/21721 FVX TE TI ID: PP | PP:Obo PODDb 6 ::r) + O File C:/Users/marin/txownloads/W2_Cinemex%20Case%20Study20(1).pdf 3 - Contents 6 af 6 Q + (G Page view A Read aloud 0 Add text V Draw Highlight Erase P Eslit. Cine Woody Allend Average Ticket Price, 2100-2002. Wok lindar hausands kan Tehr Prience 2031 2001 acco 2001 2102 4:: 130.5 12 21. 154 35. 100 1 202 112 H4> 1PB ! H2 29 106 21.0 CL W: 18. 202 152 1P 141 ins 11 114 1 52.5 1 21.0 183 30.2 35 IEE 21.2 193 211 B 1 14 1F 12 223 1! 21.3 919 132.3 60.1 13 21.2 151 0.0 21.0 112 11 43 15 IT. C.T 126 21.2 153 423 112 203 11 15 13 1113 111 12 1043 154 WA 1 1. H4 11 122 1135 153 20.7 SED 21.1 11: 111 1 TI1 1. HS 1111 16 161 1045 11.0 20.7 ICT 2 125.2 800 1. 21.0 T- 21. II 11 14 16 432 T4 1. 16 2 11 161 IR 1 167 21 > 12 31 61 6 63 1243 15 Nrxe Tarther 3 w Wur 2012 Wraxa Here are Type here to search O P 50F LO 8:48 PM 11/4/21721 FVX TE TI DPP LIPPO 6 ::r) + O File C:/Users/marin/txownloads/W2_Cinemex%20Case%20Study:20(1).pdf 3 - Contents 4 af 6 Q + | Page view AY Read aloud WE Add text V Draw Y Highlight Erase P Exhibir 1 Cincin Tamil, 2010 REVENUE Gaba Boots CT.XY VID 94,312 151221 AW14 . 911 319 TID,192 19. - AR111 $ 1994.412 0.2 = reterest FMRIN TOTAL NET REVENUE ht ARS, 8.212.221 800 Car999 TOTAL COET UP HALES NUE OPERATINO TOPIT SI,2,3 0649 Then Olen Dar24 TOTAL OPERATING EXPENSES SIENA 1.1983 I. 345,228 COD 07:29 THEATRE LEVEL CASH FLOR 22,011 Canal Eq 42,079 819 EBITDA 1114 U. = Ly: u TOTN WIN OSERATINA FXP 19.49371 10071 15, 16 COIT ! --- -= Tel Our Expre! KET INCOVE BCTORE TAXES 2474221; 0544.2 122435,313 13129 200.211 we w NET INCOME Werests ar Type here to search OP P . 50F 8:48 PM 11/4/21721 TE TI ID: PP IPPOLD 6 ::r) + 0 File cy/Users/marin/bXownloads/w2_Cinemexx.20Case%20Study:2041).pdf 3 - Contents 5 af 6 Q 0 + (D Page view A Read aloud 0 Add text V Draw Highlight Erase P Echinir Cinem Rammy Statistics, An ADIES CACAOW! dir 13 37 9,717:10 . w T9114 AU: CP Capa Pem USHIP Ford TH 20 PM Departe ROOT ESTDA Ada Band P-Werial 5112 33.18 94 ID 4028 BUT AIE: : : Type here to search O A S P 50F 8:48 PM 11/4/21721 FVX TE TI ID: PP | PP:Obo PODDb 6 ::r) + O File C:/Users/marin/txownloads/W2_Cinemex%20Case%20Study20(1).pdf 3 - Contents 6 af 6 Q + (G Page view A Read aloud 0 Add text V Draw Highlight Erase P Eslit. Cine Woody Allend Average Ticket Price, 2100-2002. Wok lindar hausands kan Tehr Prience 2031 2001 acco 2001 2102 4:: 130.5 12 21. 154 35. 100 1 202 112 H4> 1PB ! H2 29 106 21.0 CL W: 18. 202 152 1P 141 ins 11 114 1 52.5 1 21.0 183 30.2 35 IEE 21.2 193 211 B 1 14 1F 12 223 1! 21.3 919 132.3 60.1 13 21.2 151 0.0 21.0 112 11 43 15 IT. C.T 126 21.2 153 423 112 203 11 15 13 1113 111 12 1043 154 WA 1 1. H4 11 122 1135 153 20.7 SED 21.1 11: 111 1 TI1 1. HS 1111 16 161 1045 11.0 20.7 ICT 2 125.2 800 1. 21.0 T- 21. II 11 14 16 432 T4 1. 16 2 11 161 IR 1 167 21 > 12 31 61 6 63 1243 15 Nrxe Tarther 3 w Wur 2012 Wraxa Here are Type here to search O P 50F LO 8:48 PM 11/4/21721

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial and Managerial Accounting the basis for business decisions

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

16th edition

0077664078, 978-0077664077, 78111048, 978-0078111044

More Books

Students also viewed these Accounting questions

Question

What community placements are available for practica?

Answered: 1 week ago