QuickHelper

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About QuickHelper

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Teaching Since: May 2017
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  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

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  • Corportae Manager
    ChevronTexaco Corporation
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Category > Accounting Posted 25 May 2017 My Price 8.00

A garage band wants to hold a concert, Business Analytical help

Question description

 

A garage band wants to hold a concert. The expected crowd is 3,000. The average expenditure on concessions is $15. Tickets sell for $10 each, and the bands profit is 80% of the gate, along with concession sales, minus a fixed cost of $10,000. Develop a general mathematical model and implement it on a spreadsheet to find their expected profit.

Answers

QuickHelper
(10)
Status NEW Posted 25 May 2017 04:05 PM My Price 8.00

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