An asterisk (*) will appear to the right of an incorrect entry. The essay answer will not be graded.
a.
Revenues:
Admissions 139,125$ 163,087$
Event-related revenue 156,691 178,805
NASCAR broadcasting revenue 178,722 173,803
Other operating revenue 27,705 34,827
Total revenue 502,243$ 550,522$
Expenses and other:
Direct expenses and events 100,843$ 100,922$
NASCAR purse and sanction fees 120,273 123,078
Other direct expenses 21,846 26,208
General and administrative 188,196 266,252
Total expenses and other 431,158$ 516,460$
Income from continuing operations 71,085$ 34,062$
b.
Current Year
Prior Year
[Key essay answer here]
[Key code here]
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SPEEDWAY MOTORSPORTS, INC.
Comparative Income Statement (in thousands of dollars)
For the Years Ended December 31
Score:
Key Code:
Instructions
Exercise 15(14)-2
Name:
Section:
0%
An asterisk (*) will appear to the right of an incorrect entry. The essay answer will not be graded.
a.
Revenues:
Admissions 139,125$ 27.7% 163,087$ 29.6%
Exercise 15(14)-2
Name:
Solution
Section:
ON
Cells with non-gray backgrounds are protected and cannot be edited.
Score:
Instructions
Answers are entered in the cells with gray backgrounds.
For the Years Ended December 31
SPEEDWAY MOTORSPORTS, INC.
Comparative Income Statement (in thousands of dollars)
Current Year
Prior Year