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Events-R-Us has been hired to set up a kickoff reception for a convention coming to Toronto that starts on Feb. 15, 2014. The total budget
Events-R-Us has been hired to set up a kickoff reception for a convention coming to Toronto that starts on Feb. 15, 2014. The total budget is $380,000 for this event. Below is a list of items that require payment on various timelines. Events-R-Us must have funds (obtained from the client) ready to pay out as the schedule demands. Based on the information provided below, and using specific real-time dates, prepare a list of amounts that must be paid in connection with this event. Payment Details Facilities, Catering $160,000 25% 90 days before the event 40% 7 days before the event 35% Balance due the day after the event Dcor 80000 30% 30 days before the event 70% Balance due 15 days after the event Sound & Lighting 30000 100% 2 days before the event Prop rentals 20000 25% 4 days before the event 75% Balance due the day after the event Entertainment 50000 50% 60 days before the event 50% Balance due the day of the event Event-R-Us 40000 30% 30 days before the event (us!) 70% Balance due 3 days after the event
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