Answer:
a. $840
b. $140
Explanation:
a. The calculation of the average price per season ticket is shown below:-
Average price per season ticket = Total price of season tickets ÷ Sitting capacity
= $93,660,000 ÷ 111,500
= $840
b. The calculation of average price per individual game ticket sold is shown below:-
Average price per individual game ticket sold = Average price per season ticket ÷ Six home games
= $840 ÷ 6
= $140
Therefore we simply applied the above formula for computing the average price per season ticket and average price per individual game ticket sold.
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Learn more about relationship marketing here:
brainly.com/question/6059198
Answer:
$1,300
Explanation:
Calculation to determine what the market maker’s net profit from Brent’s transaction
First step is to calculate the bid-ask spread using this formula
Bid-ask spread=Ask price-Bid price
Let plug in the formula
Bid-ask spread=$31.80-$30.50
Bid-ask spread=$1.30
Now let calculate the Net profit
Using this formula
Net profit=Bid-ask spread*Shares resell
Net profit=$1.3 x 1000 shares
Net profit=$1,300
Therefore the market maker’s net profit from Brent’s transaction will be $1,300
I think it is B please put me brainless answer if I got it right
