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Revenues: Admissions Event-related revenue NASCAR broadcasting revenue Other operating revenue Total revenue Expenses and other: For the Years Ended Year 2 and Year 1
Revenues: Admissions Event-related revenue NASCAR broadcasting revenue Other operating revenue Total revenue Expenses and other: For the Years Ended Year 2 and Year 1 Year 2 amount Year 2 percent Year 1 amount Year 1 percent $100,694 % $100,798 % 146,980 146,849 217,469 207,369 31,320 29,293 $496,463 % $484,309 % Direct expense of events $(104,303) % $(102,196) % < NASCAR event management fees (133,682) (128,254) Other direct expenses (19,541) (18,513) General and administrative (285,166) (194,120) Total expenses $(542,692) % $(443,083) % Income (loss) from continuing operations $(46,229) % $41,226 % b. What conclusion can be drawn from the analysis regarding the change in income?
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