Answered

Discover a wealth of knowledge at Westonci.ca, where experts provide answers to your most pressing questions. Join our Q&A platform and get accurate answers to all your questions from professionals across multiple disciplines. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

If a stadium's revenue is $772,000 and its costs are $189,000, what is the stadium's profit as a percentage of its revenue?

Sagot :

adioabiola

The stadium's profit as a percentage of its revenue is; 75.5%.

According to the question;

  • The stadiums revenue is $772,000

  • And its costs are $189,000

In essence, the stadiums profit is the difference between its revenue and costs and is given mathematically as;

  • Profit = $772,000 - $189,000

  • Profit = $583,000

However, we are required to express the stadium's profit as a percentage of its revenue.

Therefore;

  • % Profit = ($583,000)/($772,000) × 100%

% Profit = 75.5%

Read more:

https://brainly.com/question/23127071

Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.