Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Week 3 Discussion - Game Day Break-even Point 1. Select a stadium from the list located at the following website: American Football Stadiums by Capacitye.

image text in transcribed
image text in transcribed
Week 3 Discussion - Game Day Break-even Point 1. Select a stadium from the list located at the following website: American Football Stadiums by Capacitye. 2. Estimate the cost of running your stadium on game day. (Include the cost of utilities, security, maintenance on and off the field, employees, etc. Ignore concession and merchandise stands. Also, assume the stadium is paid for meaning there is no outstanding debt.) 3. Estimate the average ticket price based on professional or school website research. 4. Provide your reasoning/assumptions for your estimates (explain how you came up with the figures you include in your estimates). 5. Calculate the breakeven point in tickets using the unit breakeven formula from the textbook. Show your calculations in your posting. 6. Based on your breakeven calculation compare that breakeven tickets number to the stadium's capacity. Is your breakeven point reasonable? The title of your thread should be the name of the stadium. Image Stadium Capacity CHY State Province Homme Rele Michigan Stadium 107.601 Ann Arbor Michiga Wor Beavertadium 105.572 University Party we Lion Ohio Stadium 102.780 Columbus O che fa Kyle Field 109.733 Colingen TALMA Neyland Stadium 102.455 XXV Tarvesse Torneo Tiger Stadium 102 321 Baton Rouge Los LSU Tier Darrell Roya-Temas Memorial Stadium 100,119 Austin Tas Texas Logo Bryant-Denny Stadium Albide 100.077 TUS Alabama George 93.246 Athens Georg Sanford Stadium UCLA Bhool BSO Champion every four ywna Coc game on every year Pasadena Cat Hose Bowl

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Intelligence For New-Generation ManagersCurrent Avenues Of Development

Authors: Jörg H. Mayer, Reiner Quick

6th Edition

3319156950, 9783319156958

More Books

Students also viewed these Accounting questions