C1 89 9 10 A B 1 2 3 Venue Ren $5000 4 Catering $10000 5 Entertainn $8000 6 Decoration $2000 7 Staffing $3000 8 с Event Budget Tasks Cost per d Total Budget X fx Event Budget =$5000*3= $15000¹ =$10000*3= $30000' =$8000*3= $24000¹ =$2000*3= $6000¹ =$3000*3= $9000¹ Total = $84000 D Percentage of Budget 84000/15000 = 5.6% 84000/30000 = 2.8% 84000/24000 = 3.4% 84000/6000= 14% 84000/9000 = 9.34% Total %age = 35.14%

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
icon
Related questions
Question

Creat an initial budget sheet showing the sistribution of $100,000 use the example's format on EXCEL.

C1
A
с
Event Budget
Tasks Cost per d Total Budget
B
X
1
2
3 Venue Ren $5000
4 Catering $10000
5 Entertainn $8000
6 Decoration $2000
7 Staffing $3000
8
9
10
11
Event Budget
=$5000*3= $15000'
=$10000*3= $30000'
=$8000*3= $24000'
=$2000*3= $6000¹
=$3000*3= $9000¹
Total = $84000
D
Percentage of Budget
84000/15000 = 5.6%
84000/30000 = 2.8%
84000/24000 = 3.4%
84000/6000= 14%
84000/9000 = 9.34%
Total %age = 35.14%
Transcribed Image Text:C1 A с Event Budget Tasks Cost per d Total Budget B X 1 2 3 Venue Ren $5000 4 Catering $10000 5 Entertainn $8000 6 Decoration $2000 7 Staffing $3000 8 9 10 11 Event Budget =$5000*3= $15000' =$10000*3= $30000' =$8000*3= $24000' =$2000*3= $6000¹ =$3000*3= $9000¹ Total = $84000 D Percentage of Budget 84000/15000 = 5.6% 84000/30000 = 2.8% 84000/24000 = 3.4% 84000/6000= 14% 84000/9000 = 9.34% Total %age = 35.14%
▪ You are hosting an important event (Event examples: Graduation celebration, Family Reunion, Wedding, etc) and there will be about 100
guests (not fellow students) attending. The event will be for three (3) consecutive days. It is now up to you to make this a successful event.
Over the next week you need to identify tasks, set priorities and come up with a plan to make this happen.
You have initial budget of $100,000.00.
o You must identify at least five (5) areas/tasks where you need to spend this money for the three days of the event, example hall rental,
equipment rental, food and drinks, entertainment, etc.
o You must create an initial budget sheet showing the distribution of the $100,000 for the three days.
Transcribed Image Text:▪ You are hosting an important event (Event examples: Graduation celebration, Family Reunion, Wedding, etc) and there will be about 100 guests (not fellow students) attending. The event will be for three (3) consecutive days. It is now up to you to make this a successful event. Over the next week you need to identify tasks, set priorities and come up with a plan to make this happen. You have initial budget of $100,000.00. o You must identify at least five (5) areas/tasks where you need to spend this money for the three days of the event, example hall rental, equipment rental, food and drinks, entertainment, etc. o You must create an initial budget sheet showing the distribution of the $100,000 for the three days.
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education