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3 years ago

How much yearly revenue does soccer brings in?

Business

1 answer:

Irina-Kira [14]3 years ago

4 0

Answer:

Soccer is a sport which gets majority of its revenue from television rights and tournament sponsors.

The Men’s World Cup tournament is known by the governing body, FIFA to generate more money than any other tournament. FIFA was believed to have earned more than $6 billion in its last organized men’s tournament.

This translates that the total revenue soccer brings in is in the region of hundreds of billions of dollars.

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What is a unit of sale?

maksim [4K]

The typical average amount purchased by those on the mailing list. On a catalog source mailing list, this could be the average order size. I’m magazine sourced mailing list, this could be of average subscription price on a nonprofit source the mailing list this could be the average donation.

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3 years ago

Examine the equal opportunity laws of another country, not the United States. Are the laws in other countries as much a concern

ira [324]

Answer:

The equal opportunity laws of another country, not the United States is discussed below in details.

Explanation:

An equal opportunity system is a certificate that declares what measures a company takes to eliminate and stop discrimination in the workplace.

The United Kingdom employment equality law is an organization of law that legislates against prejudice-based activities in the workplace.

The prime legislation is the Equality Act 2010, which condemns discrimination in passage to education, government services, private services, and goods, or assumptions in addition to employment.

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3 years ago

Use goal seek to answer this question. All else equals, to have a net income of 20,000, the COGS margin percentage must be _____

Lelechka [254]

Answer:

Use goal seek to answer this question. All else equals, to have a net income of 20,000, the COGS margin percentage must be 40%, and the gross profit must be $17,250.

Explanation:

The income statement is missing, so I looked it up and the information given was:

Revenue 100,000
COGS 40,000
Gross Profit 60,000
Salaries
Marketing
Rent
Earnings Before Tax 23,000
Income Tax 25%
Net Income ?

Since COGS are$40,000 and total sales are $100,000, the COGS margin percentage = 40,000 / 100,000 = 40%

Since earnings before taxes are $23,000 and taxes are 25%, then net income = $23,000 x (1 - 25%) = $23,000 x 75% = $17,250

4 0

3 years ago

In the long run for a competitive firm,

Andrei [34K]

Answer:

The correct answer is letter "C": the firm is at the bottom of its short run average cost curve.

Explanation:

Competitive firms are companies that accept the equilibrium price of a given good or service within a market. If they try to raise the price, they will not be able to sell their products. It is said that in the long term a competitive firm is at the bottom of its short-run average cost curve because it portraits the most efficient level of production. That curve shows the optimal least-cost input combination for producing output.

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3 years ago

Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independe

lorasvet [3.4K]

Answer:

The calculations are shown below.

Explanation:

The computation is shown below:

a. The price charged per unit is

= Variable cost per unit + Contribution margin per unit

where,

Variable cost per unit is $4.56

And, the contribution margin per unit is

Contribution margin per unit = Fixed cost ÷ Break even units

$349,600 ÷ 115000

= $3.04 per unit

So, the price charged is

= $4.56 + $3.04

= $7.60 per unit

b. The variable cost per unit is

= Selling price per unit - contribution margin per unit

where,

Selling price per unit = $120

And, the Contribution margin per unit is

= ($458,000 + $166,000) ÷ 15,600 units

= $40 per unit

So, the variable cost per unit is

= $120 - $40

= $80 per unit

And, the contribution margin ratio is

= Contribution margin per unit ÷ Selling price per unit

= $40 ÷ $120 × 100

= 33.33%

c. The total fixed cost is

= Contribution - Net income

= $235,000 × 0.25 - $22,500

= $58,750 - $22,500

= $36,250

d. Contribution margin per unit is

= $103,840 ÷ 23,600 units

= $4.40 per unit

And, Selling price per unit is

= $4.40 ÷ 44%

= $10 per unit

And, Variable cost per unit is

= $10 × 56%

= $5.60 per unit

Since the variable cost ratio is 0.56

So, we assume the sales is 0.100

And, the contribution margin ratio is 0.44

8 0

3 years ago