Questions 1. You have been hired as a financial consultant to identify promising markets for a new professional ice hockey team. The team expects to have a facility capacity of 16,000, with 10 luxury Suites, and 41 home games. a. Use the table on the next page to calculate the per capita sales required to sell out City A and City B if the ice hockey facility is added to each city (must include all the existing facilities in your calculation). b. Use the table on the next page to calculate the firms per suite ratio in each city if the ice hockey facility is added to each city (must include all the existing facilities in your calculation) c. Which city would you recommend as the home of your new ice hockey team? Explain your answer d. Use the same process for your homework. City A City B 380.000 48 Not available $49,020 Population 400.500 Companies with 36 500+ employees Cumulative Not available payroll of large companies Median $43.100 household income Universities Football with athletic Stadium capacity 63.000 teams Home games: 6 Suites: 80 Baseball Stadium capacity: 4,000 - Home games: 28 Suites: 0 Basketball Arena capacity: 17.000 Home games: 17 - Suites: 25 Professional - Capacity: 20,000 teams Home games: 21 Suites: 0 Football Stadium capacity: 31.000 Home games: 6 - Suites: 5 Baseball Stadium capacity: 6,000 Home games: 28 Suites: 0 Basketball Arena capacity: 12.000 Home Games: 17 - Suites 10 - Capacity: 75,000 Home games: 7 Suites: 0 Questions 1. You have been hired as a financial consultant to identify promising markets for a new professional ice hockey team. The team expects to have a facility capacity of 16,000, with 10 luxury Suites, and 41 home games. a. Use the table on the next page to calculate the per capita sales required to sell out City A and City B if the ice hockey facility is added to each city (must include all the existing facilities in your calculation). b. Use the table on the next page to calculate the firms per suite ratio in each city if the ice hockey facility is added to each city (must include all the existing facilities in your calculation) c. Which city would you recommend as the home of your new ice hockey team? Explain your answer d. Use the same process for your homework. City A City B 380.000 48 Not available $49,020 Population 400.500 Companies with 36 500+ employees Cumulative Not available payroll of large companies Median $43.100 household income Universities Football with athletic Stadium capacity 63.000 teams Home games: 6 Suites: 80 Baseball Stadium capacity: 4,000 - Home games: 28 Suites: 0 Basketball Arena capacity: 17.000 Home games: 17 - Suites: 25 Professional - Capacity: 20,000 teams Home games: 21 Suites: 0 Football Stadium capacity: 31.000 Home games: 6 - Suites: 5 Baseball Stadium capacity: 6,000 Home games: 28 Suites: 0 Basketball Arena capacity: 12.000 Home Games: 17 - Suites 10 - Capacity: 75,000 Home games: 7 Suites: 0
