The Portland Stallions professional football team is looking at its future revenue stream from ticket sales. Currently, a season package costs $450 per seat. The season ticket holders have been promised this same rate for the next three years. Four years from now the organization will raise season ticket prices based on the estimated inflation rate of 2.75%. What will the season tickets sell for in four years?
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- The Portland Stallions professional football team is looking at its future revenue stream from ticket sales. Currently, a season package costs $425 per seat. The season ticket holders have been promised this same rate for the next five years. Six years from now the organization will raise season ticket prices based on the estimated inflation rate of 3.5%. What will the season tickets sell for in six years?Future value. The Portland Stallions professional football team is looking at its future revenue stream from ticket sales, Currently, a season package costs $450 per seat. The season ticket holders have been promised this same rate for the next four years. Five years from now the organization will raise season ticket prices based on the estimated inflation rate of 2%. What will the season tickets sell for in five years? What will the season tickets sell for in five years? $4 (Round to the nearest cent.)Future value. The Portland Stallions professional football team is looking at its future revenue stream from ticket sales. Currently, a season package costs $500 per seat. The season ticket holders have been promised this same rate for the next three years. Four years from now the organization will raise season ticket prices based on the estimated inflation rate of 3.5%. What will the season tickets sell for in four years? What will the season tickets sell for in four years? $nothing (Round to the nearest cent.)
- ssYou own a company. This company’s projected revenue is $30,000 for year 1, $31,000 for year 2, and $32,000 for year 3. From the 4th year onwards, revenue is expected to be 5% higher than the previous year. Assume the appropriate nominal discount rate is 8%, and all revenue is collected at the end of each year. Determine the present value of your sales revenue for the first 15 years, round to 2 decimal places. [show the step by step of how to find each result]Allegience Insurance Company's management is considering an advertising program that would require an initial expenditure of $182,050 and bring in additional sales over the next five years. The projected additional sales revenue in year 1 is $85,000, with associated expenses of $30,000. The additional sales revenue and expenses from the advertising program are projected to increase by 10 percent each year. Allegience's tax rate is 30 percent. (Hint: The $182,050 advertising cost is an expense.) Use Appendix A for your reference. (Use appropriate factor(s) from the tables provided.) Required: 1. Compute the payback period for the advertising program. 2. Calculate the advertising program's net present value, assuming an after-tax hurdle rate of 10 percent. (Round your intermediate calculations and final answer to the nearest whole dollar.) 1. 2. > Answer is complete but not entirely correct. Payback period Net present value 3✔ years $ 49,209 X
- Allegience Insurance Company's management is considering an advertising program that would require an initial expenditure of $196,945 and bring in additional sales over the next five years. The projected additional sales revenue in year 1 is $94,000, with associated expenses of $34,500. The additional sales revenue and expenses from the advertising program are projected to increase by 10 percent each year. Allegience's tax rate is 30 percent. (Hint: The $196,945 advertising cost is an expense.) Use Appendix A for your reference. (Use appropriate factor(s) from the tables provided.) Required: 1. Compute the payback period for the advertising program. 2. Calculate the advertising program's net present value, assuming an after-tax hurdle rate of 10 percent. (Round your intermediate calculations and final answer to the nearest whole dollar.) 1. Payback period 2. Net present value yearsThe Diagonal Stamp Company, which sells used postage stamps to collectors, advertises that its average price has increased from $1 to $9 in the last 10 years. Thus, management states, investors who had purchased stamps from Diagonal 10 years ago would have received a 100% rate of return each year. What is the annual rate of return? The answer in the textbook is given as 23.11%. Can you please show how to get that?Atlas Moving and Storage wants to have enough money to purchase a new tractor-trailer in 4 years at a cost of $290,000. If the company sets aside $4000 in month 1 and plans to increase its set aside by a uniform amount each month, how much must the increase be provided the funds earn 6% per year compounded monthly?
- A software company that installs systems for inventory control using RFID technology spent $600,000 per year for the past 3 years in developing their latest product. The company wants to recover its investment in 5 years beginning now. If the company signed a contract that will pay $250,000 now and amounts increasing by a uniform amount each year through year 5, how much must the increase be each year? Use an interest rate of 15% per year.A pulp and paper company is planning to set aside $150,000 now for possibly replacing its large synchronous refiner motors. If the replacement isn’t needed for 5 years, how much will the company have in the account provided it earns a market rate of 10% per year and the inflation rate is 4% per year?A company is considering buying a CNC machine. In today's dollars, it is estimated that the maintenance costs for the machine (paid at the end of each year) will be $29,000, $31,000, $32,000, $33,000, and $35,000 for years 1 to 5, respectively. The general inflation rate (F) is estimated to be 6% per year, and the company will receive 14% return (interest) per year on its invested funds during the inflationary period. The company wants to pay for maintenance expenses in equivalent equal payments (in actual dollars) at the end of each of the five years. Find the amount of the company's payments. C The amount of the company's payments is $ thousand. (Round to the nearest thousand.)