Phoenix LXIV: Will You Still Need Me, Will You Still Read Me, on Thread LXIV?
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11-20-2012, 08:00 PM
Join Date: Apr 2007
Originally Posted by
- Clark is saying that it costs $6M just to keep the lights on in the arena and you still have to pay an AMF to someone above the $6M, so $11M doesn't look all that bad.
Clark should borrow Skeete's Management Accounting 101 notes from DeVry. "Average operating expenses of $6M" means it costs $6M to
an arena... that implies events, and revenue.
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