The Millbridge High School Student Association (MHSSA) is planning a fund- raising event for the spring semester.
Question:
1. The MHSSA expects 250 students and alumni to attend its spring fund- raising event. What is the minimum (break-even) ticket price for the event?
2. The MHSSA is considering two ticket prices, a $ 25 price for students and a $ 75 price for alumni. If three students are expected to attend the event for each alumni how many students and alumni must attend the spring fund-raising event if it is to break even?
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Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
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