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30-04-2020
Mathematics

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A bank is hoping to secure a sponsorship for the local sports franchise. It is offering $365,000 for the sponsorship. The administrative and personnel costs for the sponsorship are $72,000. The cost of delivering services to the sponsor are $100,000. The marketing operation costs for the sponsorship total $215,000. Will the franchise exceed a break-even point and be able to make a profit on the sponsorship?

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s26388579 s26388579

06-05-2020

Answer:

the answer is no

Step-by-step explanation:

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pstnonsonjoku pstnonsonjoku

26-04-2022

Since the total cost is greater than the total revenue, the franchise can not break even.

What does it mean to break even?

The term "break even" in bussiness refers to the situation in which the total money that comes into the business is equal to the total money that leaves the bussiness as cost.

The total cost incurred by the bussiness is; $72,000 + $100,000 + $215,000 = $387,000. It then follows that the franchise can not break even.

Learn more about break even: https://brainly.com/question/9496279

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