Business
shanice19
95

The stadium is being courted to host weekly UFC events, with each event projected to generate $90,000 in revenue. If the cost for hosting one of these events is $40,000, what is the projected profit margin for the stadium over the year? (Assume 52 events per year.)

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richboy

Given: projected revenue of each event: 90,000 cost of each event: 40,000 weekly events: 52 events per year Profit = Revenue - Cost P = 90,000 - 40,000 P = 50,000 per event Annual Profit = 50,000 per event * 52 events per year  = 2,600,000 

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