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Niagara University Burlingham Bees Questions

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ebfr1331

Business Finance

Niagara University

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this case in this link https://bookshelf.vitalsource.com/#/user/signin

the case is -Burlingham Bee

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Burlingham Bees [2] Using the information provided, please develop a precise expectation (i.e., using the detailed or disaggregated data provided) for ticket revenues for the 2018 fiscal year. Total Park Attendance: 534,784 8 Weekday Games Weekday Games 44 Promotion weekday games 28 Promotion weekend games 9 Average Weekday Attendance Average Weekend Attendance 6608.390 534784/ (44-8+8*1.1+ (28-9) *1.25+9*1.25*1.1) 8260.48756608.390*1.25 Sales Mix: Weekday Ticket Price Revenue Weekend Ticket Price Revenue Club Seats 25% 1652 $14 $23,128|26%2148 S121 $25,776 Box Seats 30% 1982) $12 $23,78429% 2395 $8 $19,160 General Seats: SO Adult 23% 1519 $8 $12,152 24% 19821 $6 $11,892 Child/Seniors 22% 1453 $6 $8,718|21% 1735 $4 $6.940 6,606 $67,782 7,975 $63,768 Games 44 28 Total Revenue $2,982,408 $1,785,504 $4,767,912 2017 revenue: 5,080,000 2018 revenue: 4,767,912 Revenue decrease rate: 6.5%
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Burlingham Bees
[2] Using the information provided, please develop a precise expectation (i.e., using the
detailed or disaggregated data provided) for ticket revenues for the 2018 fiscal year.
To come up with the precise expectation, total attendance between weekday and
weekend games must be first split up. Accordingly, since there is a 20% higher
attendance on weekend games, a 20% higher split to weekends must be allocated (50% +
20% = 70% attendance).

o Weekends: 534,784 x 70...

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