Business, 18.04.2020 07:05 oakleylynn

The University of Michigan football stadium, built in 1927, is the largest college stadium in America, with a seating capacity of 102,000 fans. Assume the stadium sells out all five home games before the season begins, and the athletic department collects $99.45 million in ticket sales.

Required:

1. What is the average price per season ticket and average price per individual game ticket sold? (Enter your answers in dollars, not in millions (i. e. $5.5 million should be entered as 5,500,000).)

2. & 3. Record the advance collection of $99.45 million in ticket sales and the revenue earned after the first home game is completed. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (i. e. $5.5 million should be entered as 5,500,000).)

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 20:20

If the government is required to balance the budget and the economy falls into a recession, which of the actions is a feasible policy response? cut taxes to encourage consumer spending invest in infrastructure increase government spending to stimulate the economy cut spending equal to the reduction in tax revenue what is a likely consequence of this policy? unemployment falls due to the economic stimulus. the negative consequences of the recession are magnified. consumer spending increases due to their ability to keep more of their after-tax income. there is hyperinflation due to an increase in aggregate demand.

Answers: 3

Answer

Business, 22.06.2019 04:00

Medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic. hughes sought a position as a sales director for st. jude. st. jude told hughes that his contract with medtronic was unenforceable and offered him a job. hughes accepted. medtronic filed a suit, alleging wrongful interference. which type of interference was most likely the basis for this suit? did it occur here? medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic

Answers: 2

Answer

Business, 22.06.2019 06:00

Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow

Answers: 3

Answer

Business, 22.06.2019 11:30

Florence invested in a factory requiring. federally-mandated reductions in carbon emissions. how will this impact florence as the factory's owner? a. her factory will be worth less once the upgrades are complete. b. her factory will likely be bought by the epa. c. florence will have to invest a large amount of capital to update the factory for little financial gain. d. florence will have to invest a large amount of capital to update the factory for a large financial gain.

Answers: 1

Answer

You know the right answer?

The University of Michigan football stadium, built in 1927, is the largest college stadium in Americ...

Questions