Multiple Choice
Use the information below to answer the following question(s) .Big Sports University is planning to hold a fund raising banquet at one of the local country clubs.It has two options for the banquet:
1.Foothills Country Club
2.Downhill Country Club
Big Sports has budgeted $900 for administrative and marketing expenses.It plans to hire a band, which will cost another $400.Tickets are expected to be $40 per person.Any other items required for the event will be donated by its local business supporters.
-What is the "operating income" assuming 250 people attend and option one is chosen?
A) $4,400
B) $4,350
C) $4,000
D) $6,250
E) $4,750
Correct Answer:
Verified
Correct Answer:
Verified
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