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pats

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  • December 5, 2017 at 12:59 pm #420643
    cac6d2be06bc8f3b24ab5ae44a154df6bce29c5733ddbc7b10fc59181e103877 80pats
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    Hi

    For question 17 of the question, they are asking “Assuming that the race entries are sold in a constant sales mix based on the expected race entry numbers, what is the sales revenue Hare Events needs to achieve in order to break even (to the nearest $’000)?”

    I understand that you have to calculate the breakeven revenue but when I am calculating the Weighted average contribution per sale I do not understand why they are multiplying the full marathon and half marathon contributions and sales in the equation by 2 and 1.4. Can you please help with this?

    Thank you in advance for your help.

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