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If a stadium pays 15,000 for labor and 12,000 for parking, what is the stadiums profit margin if the game generates $145,952 in revenue?

  • joccalub:

    Given:

    Revenue =$145,952

    Since no discounts or returns are indicated in the problem we will assume that revenue is equal to net sales.

    Expenses, = 15,000+12,000=27,000

    The profit margin ratio formula can be calculated by dividing net income by net sales.

     Net income equals total revenues minus total expenses.

    Net Income=145,952-27,000= 118,952

    So Profit Margin is:

    118,952/145952

    .815 or 81.5%

Accessible AT T Stadium Parking Ramps Maps Rates

Accessible AT T Stadium Parking Ramps Maps Rates

Source: stadiumparkingguides.com

Accessible AT T Stadium Parking Ramps Maps Rates

Accessible AT T Stadium Parking Ramps Maps Rates

Source: stadiumparkingguides.com

The Economics of Sports Stadiums: Does public financing of sports

The Economics of Sports Stadiums: Does public financing of sports

Source: econreview.studentorg.berkeley.edu

The Economics of Sports Stadiums: Does public financing of sports

The Economics of Sports Stadiums: Does public financing of sports

Source: econreview.studentorg.berkeley.edu

The Economics of Sports Stadiums: Does public financing of sports

The Economics of Sports Stadiums: Does public financing of sports

Source: econreview.studentorg.berkeley.edu

The Economics of Sports Stadiums: Does public financing of sports

The Economics of Sports Stadiums: Does public financing of sports

Source: econreview.studentorg.berkeley.edu

The Economics of Sports Stadiums: Does public financing of sports

The Economics of Sports Stadiums: Does public financing of sports

Source: econreview.studentorg.berkeley.edu

The Economics of Sports Stadiums: Does public financing of sports

The Economics of Sports Stadiums: Does public financing of sports

Source: econreview.studentorg.berkeley.edu

Net Profit Margin

Net Profit Margin

Source: www.moneybestpal.com

Superdome Directions Parking Stadiums of Pro Football
Superdome Directions Parking Stadiums of Pro Football

Source: www.stadiumsofprofootball.com

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