the event is a school carnival

1. Students determine an event they wish to organize 2. Students prepare budget for the event, using the Sample Budget 1. Three variations of the budget should be prepared 1. One showing a profit 2. One showing break-even 3. One showing a loss 3. Using the figures from the budget, prepare financial statements (a balance sheet and a profit and loss statement) 1. Adjust the financial statements to show (1) a greater profit for the event than was budgeted and (2) a lesser profit than budgeted ii. Students calculate ROI and ROE for event both. A sample event budget is shown in Table 4 (Budget vs. Actual), Table 5 (Revenue), and Table 6 ( (Expenses), based on 1,000 attendees, 75 ViPs and speakers, 275 booths, 10 sponsors, and 50 additional exhibitor badges. No group discounts, special or anclliary events are factored into this budget. The sample is not representative of all revenue and expense items one might expect to find in a typical event budget. TABLE 6 Sample Event Budget - Expenses 1. Students determine an event they wish to organize 2. Students prepare budget for the event, using the Sample Budget 1. Three variations of the budget should be prepared 1. One showing a profit 2. One showing break-even 3. One showing a loss 3. Using the figures from the budget, prepare financial statements (a balance sheet and a profit and loss statement) 1. Adjust the financial statements to show (1) a greater profit for the event than was budgeted and (2) a lesser profit than budgeted ii. Students calculate ROI and ROE for event both. A sample event budget is shown in Table 4 (Budget vs. Actual), Table 5 (Revenue), and Table 6 ( (Expenses), based on 1,000 attendees, 75 ViPs and speakers, 275 booths, 10 sponsors, and 50 additional exhibitor badges. No group discounts, special or anclliary events are factored into this budget. The sample is not representative of all revenue and expense items one might expect to find in a typical event budget. TABLE 6 Sample Event Budget - Expenses