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XYZ Sports is planning upcoming ticket sales and has some control over the pricing. They'd like a 10% return on their $20 million in assets.
XYZ Sports is planning upcoming ticket sales and has some control over the pricing. They'd like a 10% return on their $20 million in assets. They have fixed costs of $10,000,000, variable costs per fan of $12, and they expect 500,000 fans this season. Using cost-plus pricing, what should XYZ Sports charge for their tickets?
Group of answer choices
$36
$22
$30
$13.20
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