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the answer i am looking for in this problem is in yellow but ill write it here too. 1. The scenario output is all im looking for?

the answer i am looking for in this problem is in yellow but ill write it here too. 1. The scenario output is all im looking for?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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the answer i am looking for in this problem is in yellow but ill write it here too.

1. The scenario output is all im looking for?

 

4 Model from Chapter 11, #21 Alternate Scenarios 5. 6 DATA Optimistic Likely Pessimistic 7 Expected Crowd 8 Ave Concession Spending Expected crowd size: Average concession spending: 2500 4500 2500 1500 $25 $40 $25 $10 9 Ticket Price 10 Band keeps $20 80% 11 Fixed Cost 18,000.00 Fixed costs: $10,000 $18,000 $25,000 12 13 MODEL 14 Ticket Revnue 15 Concession Revenue 16 Total Revenue 17 Reveue for Band $50,000 $62,500 S112,500 $90,000 18 19 Fixed cost 18,000.00 20 21 Profit $72,000 22 23 The scenario output is all l'm looking for. 24
Transcribed Image Text:4 Model from Chapter 11, #21 Alternate Scenarios 5. 6 DATA Optimistic Likely Pessimistic 7 Expected Crowd 8 Ave Concession Spending Expected crowd size: Average concession spending: 2500 4500 2500 1500 $25 $40 $25 $10 9 Ticket Price 10 Band keeps $20 80% 11 Fixed Cost 18,000.00 Fixed costs: $10,000 $18,000 $25,000 12 13 MODEL 14 Ticket Revnue 15 Concession Revenue 16 Total Revenue 17 Reveue for Band $50,000 $62,500 S112,500 $90,000 18 19 Fixed cost 18,000.00 20 21 Profit $72,000 22 23 The scenario output is all l'm looking for. 24
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