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26 July, 09:12

The stadium is being courted to host weekly UFC events, with each event projected to generate $90,000 in revenue. If the cost for hosting one of these events is $40,000, what is the projected profit margin for the stadium over the year? (Assume 52 events per year.)

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  1. 26 July, 10:21
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    Given:

    projected revenue of each event: 90,000

    cost of each event: 40,000

    weekly events: 52 events per year

    Profit = Revenue - Cost

    P = 90,000 - 40,000

    P = 50,000 per event

    Annual Profit = 50,000 per event * 52 events per year = 2,600,000
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