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Updated on: 02 Dec 2023, 04:37
Originally posted by Sajjad1994 on 11 Feb 2021, 23:30.
Last edited by BottomJee on 02 Dec 2023, 04:37, edited 2 times in total.
Last edited by BottomJee on 02 Dec 2023, 04:37, edited 2 times in total.
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Dropdown 1: 23%
Dropdown 2: 33%
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
45%
(medium)
Question Stats:
68% (02:02) correct
32%
(02:18)
wrong
based on 1216
sessions
History
Date
Time
Result
Not Attempted Yet
1. If sponsorship income were removed, broadcast fees would be approximately of total revenue.
2. If revenue from broadcast fees were to double, it would then be of total revenue.
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Official Answer
Dropdown 1: 23%
Dropdown 2: 33%
rocky620
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15 Feb 2021, 05:15
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Let the total revenue be 100.
1.1 If sponsorship income were removed, broadcast fees would be approximately _________ of total revenue.
Sponsorship income = 13
Broadcast fees = 20
Revenue after removing Sponsorship income = 87
\(\frac{Broadcast Fees}{New Revenue}\) = \(\frac{20}{87}\) = .2299 ~ .2300 ~ 23%.
A. 20%
B. 23%
C. 27%
D. 35%
1.2 If revenue from broadcast fees were to double, it would then be ____________ of total revenue.
Broadcast fees = 20,
New Revenue after doubling Broadcast fees = 100+20
\(\frac{Broadcast Fees}{New Revenue}\) = \(\frac{40}{120}\) = .3333 ~ 33%.
A. 30%
B. 33%
C. 40%
D. 45%
1.3 Revenue from concessions is approximately ____________ greater than revenue from merchandise.
Revenue from concessions = 10
Revenue from merchandise = 7
\(\frac{Revenue from concessions-Revenue from merchandise}{Revenue from merchandise}\) = \(\frac{3}{7}\) = .4285 ~ 42%.
A. 3%
B. 15%
C. 42%
D. 50%
1.1 If sponsorship income were removed, broadcast fees would be approximately _________ of total revenue.
Sponsorship income = 13
Broadcast fees = 20
Revenue after removing Sponsorship income = 87
\(\frac{Broadcast Fees}{New Revenue}\) = \(\frac{20}{87}\) = .2299 ~ .2300 ~ 23%.
A. 20%
B. 23%
C. 27%
D. 35%
1.2 If revenue from broadcast fees were to double, it would then be ____________ of total revenue.
Broadcast fees = 20,
New Revenue after doubling Broadcast fees = 100+20
\(\frac{Broadcast Fees}{New Revenue}\) = \(\frac{40}{120}\) = .3333 ~ 33%.
A. 30%
B. 33%
C. 40%
D. 45%
1.3 Revenue from concessions is approximately ____________ greater than revenue from merchandise.
Revenue from concessions = 10
Revenue from merchandise = 7
\(\frac{Revenue from concessions-Revenue from merchandise}{Revenue from merchandise}\) = \(\frac{3}{7}\) = .4285 ~ 42%.
A. 3%
B. 15%
C. 42%
D. 50%
15 Mar 2022, 10:23
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Official Explanation
B. If sponsorship income were removed, then the 20% that is currently broadcast fees would be taken out of the new total of 87%. Since this is a little under 1/4, the only plausible answer choice is 23%.
B. If broadcast fees were to double, they'd go from 20% (out of 100) to a ratio of 40 out of 120 (remember that the entire pool would increase by +20, too), which is 1/3.
C. 10% is 3 greater than 7%, and 3/7 is just under 1/2 so the only plausible answer is 42%.
Answer: B, B, and C
B. If sponsorship income were removed, then the 20% that is currently broadcast fees would be taken out of the new total of 87%. Since this is a little under 1/4, the only plausible answer choice is 23%.
B. If broadcast fees were to double, they'd go from 20% (out of 100) to a ratio of 40 out of 120 (remember that the entire pool would increase by +20, too), which is 1/3.
C. 10% is 3 greater than 7%, and 3/7 is just under 1/2 so the only plausible answer is 42%.
Answer: B, B, and C
