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Sale of Dallas Mavericks

The Dallas Mavericks basketball team has hired you as its new accountant. On your first
day on the job, Mavericks' owner, Mark Cuban, comes to you and asks, "How many tickets
must we sell to pay for Dirk Nowitzki's salary?" He then hands you a sheet of paper with
the following information:

Dirk Nowitzki's salary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . \$12,000,000
Average ticket price . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80
Printing cost of one ticket . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

1. Prepare your response to Mark's question.
2. How many tickets would the Mavericks have to sell to pay for the entire Mavericks
team if the total team salary (including Finley) is \$80,000,000?

Solution Preview

I am assuming that you are thinking this is a trick type of question. In reality it is very simple.

The ticket price is 80 dollars and it costs 1 dollar to print so... 80 - 1 ...

Solution Summary

The sale of the Dallas Maverick is examined.

\$2.19