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Computation of number of units to be sold to cover target dollar amount.

Basketball team has hired you as its new accountant. On your first day on the job, Mavericks owner, Mark Cuban, comes to you and asks. How many tickets must we sell to pay for Michael Finley's salary? He then hands you a sheet of paper with the following?

Micahel Finleys salary $12,000,000

Average ticket Price $80,000

Printing cost of one ticket $1

1. Prepare your response to Marks Question

2. How many tickets the Mavericks have to sell to pay for the entire Mavericks team if the total team salary is 80,000,000 including Finley Salary

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9160964

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