Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

i need to know the exact answer cause its a but confusing, how would i insert it QUESTION 21 5 pc BONUS: Box office sales

i need to know the exact answer cause its a but confusing, how would i insert it image text in transcribed
QUESTION 21 5 pc BONUS: Box office sales for movie releases are widely reported and discussed. Find out (approximately) what percentage of box office sales in the United States go back to the movie's distributor. Then calculate how much profit a movie that cost $250 million to produce and $200 million to market and distribute generates if it has a domestic box office of $700 million. Assume no foreign box office or any other sources of cash or any other expenses, and that there are no time-value of money effects to account for. Enter your answer in millions of dollars (e.g., enter 20 for $20 million, or -50 for a $50 million loss)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Finance questions