Question

A stadium estimates its administrative costs for three sponsorships to be $12,000, $27,000, and $63,000. revenue from the sponsorships is $250,000. how much of a profit margin can the stadium expect?

Answer 1

$148,000.A stadium estimates its administrative costs for three sponsorships to be $12,000, $27,000, and $63,000. revenue from the sponsorships is $250,000
Therefore :

Sales             $250,000
Expenses      $12,000 +$27,000 + $63,000 ($102,000)
Profit Margin  $148,000