7. The table below provides various information about the National Football League (NFL) for 2016. Show...

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7. The table below provides various information about the National Football League (NFL) for 2016. Show your 1 work for all answers. Average Operating Income per Team Total Revenue of all NFL Teams Ticket Revenue as a Percent of Total Revenue Average Value of Broadcasting Rights Total Value of NFL League and Team Sponsorship Total Attendance at all Regular Season Games 16.35% $7,150 million $1,320 million 17.26 million a. Calculate average revenue per team. There are thirty-two teams in the NFL. b. Calculate average total expenses per team. c. Calculate average total ticket revenue for the NFL and average total ticket revenue per team. d. Calculate average ticket price. How much of this revenue did the average team keep and how much did the average team share? e. f. 8 $101.38 million $13,160 million h. How much, on average, did an NFL team earn from sponsorships in 2016? How much, on average, did an NFL team earn from broadcasting rights in 2016? How much, on average, did an NFL team earn from shared gate revenue in 2016? Add your answers from parts e, f, and g to calculate total shared revenue (national revenue) per team in 2016. Calculate the average proportion of total revenue that comes from shared revenue. 7. The table below provides various information about the National Football League (NFL) for 2016. Show your 1 work for all answers. Average Operating Income per Team Total Revenue of all NFL Teams Ticket Revenue as a Percent of Total Revenue Average Value of Broadcasting Rights Total Value of NFL League and Team Sponsorship Total Attendance at all Regular Season Games 16.35% $7,150 million $1,320 million 17.26 million a. Calculate average revenue per team. There are thirty-two teams in the NFL. b. Calculate average total expenses per team. c. Calculate average total ticket revenue for the NFL and average total ticket revenue per team. d. Calculate average ticket price. How much of this revenue did the average team keep and how much did the average team share? e. f. 8 $101.38 million $13,160 million h. How much, on average, did an NFL team earn from sponsorships in 2016? How much, on average, did an NFL team earn from broadcasting rights in 2016? How much, on average, did an NFL team earn from shared gate revenue in 2016? Add your answers from parts e, f, and g to calculate total shared revenue (national revenue) per team in 2016. Calculate the average proportion of total revenue that comes from shared revenue.