Author Question: Answer the following questions using the information below: Southwestern College is planning to hold ... (Read 21 times)

bobypop · **on:** Mar 6, 2021

Answer the following questions using the information below:

Southwestern College is planning to hold a fund raising banquet at one of the local country clubs. It has two options for the banquet:

Southwestern College has budgeted $1,800 for administrative and marketing expenses. It plans to hire a band which will cost another $800. Tickets are expected to be $30 per person. Local business supporters will donate any other items required for the event.

Which option provides the greatest operating income if 600 people attend?
◦ Option one
◦ Option two
◦ Operating incomes are identical.
◦ It depends on how many donations it receives.

FergA · **Reply #1 on:** Mar 6, 2021

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