Answered step by step
Verified Expert Solution
Question
1 Approved Answer
MIDWESTENTERTAINMENT Outside transactions for past year: Bus Charters Ticket Services Lodging Concerts Revenues12,250 $5,300 $ 4,450 $ Costs 1,600 1,500 3,300 7,850 3,550 Additional Tnformation
MIDWESTENTERTAINMENT Outside transactions for past year: Bus Charters Ticket Services Lodging Concerts Revenues12,250 $5,300 $ 4,450 $ Costs 1,600 1,500 3,300 7,850 3,550 Additional Tnformation Retail value of travel traded for lodging award coupons Value if using differential and opportunity costs Retail value of concert discounts to bus passengers Value if using differential and opportunity costs Retail value of concert discounts to lodging guests Retail value of rooms used by Bus Charter employees Chartered tours sold by Ticket Services Division Value of ticketing services for intracompany lodging Value of ticketing services for concerts $ 1,300,000 $ 250,000 $ 350,000 $ 50,000 $ 150,000 $650,000 $ 200,000 $ 100,000 $ 50,000 Assets for each division (000's) $47,750 $19,250 $ 16,050 $3,250 Bus Charters Lodging Concerts Ticket Services Ticket Services Bus Charters Lodgin Concerts Outside revenue Hotel award coupons Concert discounts (bus) Concert discounts (lodging) Crew lodging Ticket commissions Bus Lodging Concerts Total revenues Outside costs Hotel award coupons Concert discounts (bus) Concert discounts (lodging) Crew lodging Ticket commissions Bus Lodging Concerts Total costs Operating profits Part b. All input in thousands (000's dropped) Ticket Services Bus Charters Lodging Concerts Operating profits Hotel awards Concert discounts Operating profits Part c. All input in thousands (000's dropped) Ticket Services Bus Charters Lodging Concerts Assets ROI for part (a) ROI for part (b)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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