Problem #3:What should be the average ticket prices for the KFBS concert if the fixed-pay fee is $200,000 and the Pavilion expects to sell 7,000 tickets and wants to earn$30,000 after 40% taxes?
Get answer to your question and much more
Problem #4: Negotiating the fees for KFBS ALLStars: fixed-pay or per capita contracts?a)What is the maximum fixed fee that the Pavilion can pay the KFBS Allstars if the Pavilionwants to earn $45,000 after 40 percent tax and expects the show to have an average ticketprice of $22.12? Assume the show is expected to draw 6,000 paying ticket holders.
Get answer to your question and much more
b)What is the maximum fixed fee that the Pavilion can pay the KFBS Allstars if the Pavilionwants to earn $45,000 after 40 percent tax and expects the show to have an average ticketprice of $22.12? Assume, including 25 percent comp tickets, the show is expected to be a sell-out.
Get answer to your question and much more
c)Independent of (a) and (b), what is the maximum per capita fee that they Pavilion can pay theKFBS Allstars, whose concert is expected to be a sellout, if the Pavilion want to earn $180,000after $40,000 percent tax from an average ticket price of $22.12 per ticket?
Get answer to your question and much more