Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please show all work! thank you!!!! ste x fc Given Data P15-44: Given Data P15-44: MIDWEST ENTERTAINMENT Outside transactions for past year: Ticket Services Bus
Please show all work! thank you!!!! ste x fc Given Data P15-44: Given Data P15-44: MIDWEST ENTERTAINMENT Outside transactions for past year: Ticket Services Bus Charters 12,250 $ Lodging Concerts 4,450 $ 3,300 1,600 1,500 Revenues Costs 5,300 $ 3,550 7,850 Additional Information: 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 Insert Layout FormulasDataReviewView Page Wrap Text Merge & Center Student Name: Class Problem 1544 MIDWEST ENTERTAINMENT Part a. All input in thousands (000's dropped) Bus Charters Lodging Concerts Ser Outside revenue Hotel award coupons Concert discounts (bus) Concert discounts (lodging) Crew lodging Ticket commissions: Bus Total revenues Outside costs Hotel award coupons Concert discounts (bus) Concert discounts (lodging) Crew lodging Ticket commissions: Bus Total costs Operating profits Part b. All input in thousands (000's dropped) Ticket Bus ters Lodging Concerts Services Operating profits Hotel awards Concert discounts Operating profits Part c. All Input in thousands (000's dropped) Bus ROI for part (a) Given P15-36 eP15-39 eGrven P15-39 P15-44' Given P15-44 AP 5-36 Ready Ticket Bus Charters Lodging- Concerts Services 10 Outside revenue 11 Hotel 12 Concert discounts (bus) 13 Concert discounts (lodging) award coupons Crew lodging 14 5 Ticket commissions: 16 17 18 19 Total revenues 20 Outside costs 21 Hotel award coupons Bus Lodging 22 Concert discounts (bus) 23 Concert discounts (lodging) 24 Crew lodging 25 Ticket commissions: Bus 29 Total costs 30 Operating profits Ticket 33Part b. All input in thousands (000's dropped) Bus Charters Lodging Concerts Services 35 36 Operating profits 37 Hotel awards Concert discounts 39 Operating profits 41 Ticket Services 42 Part c. All input in thousands (0o0's dropped) Bus Charters Conce 45 Assets 46 ROl for part (a) 48 49 ROI for part (b) 51 ste x fc Given Data P15-44: Given Data P15-44: MIDWEST ENTERTAINMENT Outside transactions for past year: Ticket Services Bus Charters 12,250 $ Lodging Concerts 4,450 $ 3,300 1,600 1,500 Revenues Costs 5,300 $ 3,550 7,850 Additional Information: 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 Insert Layout FormulasDataReviewView Page Wrap Text Merge & Center Student Name: Class Problem 1544 MIDWEST ENTERTAINMENT Part a. All input in thousands (000's dropped) Bus Charters Lodging Concerts Ser Outside revenue Hotel award coupons Concert discounts (bus) Concert discounts (lodging) Crew lodging Ticket commissions: Bus Total revenues Outside costs Hotel award coupons Concert discounts (bus) Concert discounts (lodging) Crew lodging Ticket commissions: Bus Total costs Operating profits Part b. All input in thousands (000's dropped) Ticket Bus ters Lodging Concerts Services Operating profits Hotel awards Concert discounts Operating profits Part c. All Input in thousands (000's dropped) Bus ROI for part (a) Given P15-36 eP15-39 eGrven P15-39 P15-44' Given P15-44 AP 5-36 Ready Ticket Bus Charters Lodging- Concerts Services 10 Outside revenue 11 Hotel 12 Concert discounts (bus) 13 Concert discounts (lodging) award coupons Crew lodging 14 5 Ticket commissions: 16 17 18 19 Total revenues 20 Outside costs 21 Hotel award coupons Bus Lodging 22 Concert discounts (bus) 23 Concert discounts (lodging) 24 Crew lodging 25 Ticket commissions: Bus 29 Total costs 30 Operating profits Ticket 33Part b. All input in thousands (000's dropped) Bus Charters Lodging Concerts Services 35 36 Operating profits 37 Hotel awards Concert discounts 39 Operating profits 41 Ticket Services 42 Part c. All input in thousands (0o0's dropped) Bus Charters Conce 45 Assets 46 ROl for part (a) 48 49 ROI for part (b) 51
Please show all work! thank you!!!!
Step by Step Solution
There are 3 Steps involved in it
Step: 1
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