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Year Year Revenues: Admissions Event-related revenue NASCAR broadcasting revenue Other operating revenue $116,034 151,562 192,662 29,902 $490, 160 $130,239 163,621 185,394 26,951 $506,205 Total revenues
Year Year Revenues: Admissions Event-related revenue NASCAR broadcasting revenue Other operating revenue $116,034 151,562 192,662 29,902 $490, 160 $130,239 163,621 185,394 26,951 $506,205 Total revenues $101,402 $106,204 122,950 120,146 Expenses and other: Direct expense of events NASCAR purse and sanction fees Other direct expenses General and administrative Total expenses and other Income from continuing operations 18,908 183,215 $426,475 20,352 241,223 $487,925 $63,685 $18,280 a. Prepare a comparative income statement for these two years in vertical form, stating each item as a percent of revenues. Enter all amounts as positive numbers. (Note: Due to rounding, amounts may not total 100%). Round your percentages to one decimal place, Speedway Motorsports, Inc. Comparative Income Statement (in thousands of dollars) For the Years Ended December 31 Current Year Amount Current Year Percent Prior Year Amount Prior Year Percent Revenues: Admissions $116,034 23.6 % x $130,239 25.7. Event-related revenue 151,562 30.9% 163,621 32.3% NASCAR broadcasting revenue 192,662 39.3 % x 185,394 36.6% Other operating revenue 29,902 6.10 % 26,951 5.32% Total revenues $190,160 1000% $506,205 100% Expenses and other Direct expense of events $101,402 20.6 % $106,204 20.9 % NASCAR purse and sanction fees 122,950 25.1 % 120,146 Other direct expenses 18,908 20,352 4.02% General and administrative 183,215 Total expenses and other $426,475 17.0% $487,925 96.7 % 23.7% 241,223 47.6 **
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