Multiple Choice
Answer the following questions using the information below:
Southwestern College is planning to hold a fund raising banquet at one of the local country clubs. It has two options for the banquet:
Southwestern College has budgeted $1,800 for administrative and marketing expenses. It plans to hire a band which will cost another $800. Tickets are expected to be $30 per person. Local business supporters will donate any other items required for the event.
-Which option provides the greatest operating income if 600 people attend?
A) Option one
B) Option two
C) Operating incomes are identical.
D) It depends on how many donations it receives.
Correct Answer:

Verified
Correct Answer:
Verified
Q124: Answer the following questions using the information
Q125: Dolph and Evan started the DE Restaurant
Q126: Karen Hefner, a florist, operates retail stores
Q127: Explain what net income and what taxes
Q128: Helping Hands is a nonprofit organization that
Q130: How many units would have to be
Q131: Tally Corp. sells software during the recruiting
Q132: Sparkle Jewelry sells 500 units resulting in
Q133: Slickware sells porcelain cups. The breakeven point
Q134: In multiproduct situations, when sales mix shifts