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2017052719061220170417150349circular Club

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CIRCULAR CLUB Your name Institution Course title Consistency of Jonathan comment with Shelley’s idea The club had an investment in the rodeo He meant that the club would pay off down the road in more ways than just one. This is since the club had dedicated money so that it could meet the expectations of making more profit. He also meant that he could see it becoming profitable with a little work. It was a good investment. A fundraiser that would continue to get better each year  The comment of Jonathan Edmunds is consistent with Shelley’s idea that the club should have the fundraiser that would continue to get better each year Give back to the Community  The comment of Jonathan is not consistent with Shelley’s idea because Jonathan comment aimed at increasing the wealth of the club rather than giving back to the community. Provide the club a presence in the community  This Shelley’s idea is consistent with the comment of Jonathan because making investment in the rodeo means that the club did not loss its money instead it works on its behalf in rodeo. Computation of break even point Receipts Contributions from sponsors $25,600 Receipts from ticket sales $27,525 Total Receipts $53,125 Fixed costs $51,000 Variable costs $2,125 Total Costs $53,125 Profit/(Loss) $0 Calculation of the dollars of ticket sales needed to earn a target profit of $6,000. Receipts Contributions from sponsors $25,600 Receipts from ticket sales $33,775 To ...
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