please show me your work because im having trouble understanding this. thanks :)
Required information [The following information applies to the questions displayed below.) The Parent Teacher Association (PTA) of Meadow High School is planning a fund raising campaign. The PTA is considering the possibility of hiring Eric Logan, a world-renowned investment counselor, to address the public. Tickets would sell for $36 each. The school has agreed to let the PTA use Harville Auditorium at no cost. Mr. Logan is willing to accept one of two compensation arrangements. He will sign an agreement to receive a fixed fee of $11,700 regardless of the number of tickets sold. Alternatively, he will accept payment of $26 per ticket sold. In communities similar to that in which Meadow is located, Mr. Logan has drawn an audience of approximately 450 people. b-1. Assume the PTA pays Mr. Logan a fixed fee of $11.700. Determine the amount of net income that the PTA will earn ir ticket sales are 15 percent higher than expected. Calculate the percentage change in net income. b-2. Assume that the PTA pays Mr. Logan a fixed fee of $11,700. Determine the amount of net income that the PTA will earn if ticket sales are 15 percent lower than expected. Calculate the percentage change in net income. b-3. Assume that the PTA pays Mr. Logan $26 per ticket sold. Determine the amount of net income that the PTA will earn if ticket sales are 15 percent higher than expected. Calculate the percentage change in net income. b.4. Assume that the PTA pays Mr. Logan $26 per ticket sold. Determine the amount of net income that the PTA will earn If ticket sales are 15 percent lower than expected. Calculate the percentage change in net income. Complete this question by entering your answers in the tabs below. Req B1 Req B2 Req B3 Ree Assume the PTA pays Mr. Logan a fixed fee of $11,700. Determine the amount of net income that the PTA will earn ir ticket sales are 15 percent higher than expected. Calculate the percentage change in net income. Net Income Percentage change in Net income % Req B2 > Reg B1 Req B2 Req B3 Reg B4 Assume that the PTA pays Mr. Logan a fixed fee of $11,700. Determine the amount of net income that the PTA will earn if ticket sales are 15 percent lower than expected. Calculate the percentage change in net income. Net Income Percentage change in Net Income References Complete this question by entering your answers in the tabs below. Red 31 Reg 32 Reg 83 Req B4 Assume that the PTA pays Mr. Logan $26 per ticket sold. Determine the amount of net income that the PTA will earn ir ticket sales are 15 percent higher than expected. Calculate the percentage change in net income. Net Income Percentage change in Not Income Req B1 Req B2 Req B3 Reg B4 Assume that the PTA pays Mr. Logan $26 per ticket sold. Determine the amount of net income that the PTA will earn if ticket sales are 15 percent lower than expected. Calculate the percentage change in net income. Net Income Percentage change in Net income
