1. Study the revenue and expense information provided in the book. What was the Fund-Raising Golf Scramble events profit (loss) last year?
2. What was the events break-even entry fee?
3. Based on the same number of players and same amount of sponsorship, how much would they have to increase their entry fee to make a profit of $4,000? What would be your concerns with increasing the entry fee?
4. Based on the same entry fee and same amount of sponsorship, how many players would the event have to recruit to make a profit of $4,000? What would be your concerns with adding more players?
5. Now how will you make $10,000 from the event????? Prove it with the math.

Summary of 2018 Event

The 2018 event registered 100 players at a price of $100 per player they were able to generate $2,000 in sponsorship

Entry Fees ($100 per player x 100 players) $10,000

Sponsorship $2,000

Total revenues $12,000

Facility rental $1,000

Promotion $650

Equipment and rentals $400

Supplies $150

Insurance $250

Photographer $200

Awards and trophies $350

Green Fees ($45 per playerx100players) $4,500

Food and Drink($12 per player x 100players) $1,200

Participant Gifts($8 per playerx 100players) $800

Total Expenses $9,500