i. What were the total expenses for each of the years 2017 to 2020?

ii. How much did the expenses change by in each of the years 2018 to 2020, in dollar and percentage terms?
iii. What is the largest expense item?

iv. Breakdown the total 2020 and 2019 expenses by item and indicate what dollar amount and percentage amount each item is of the total expenses.

  

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The Packers began their second century with a rebound in eperai profit for fiscal 2020. The improvement was attributable to cantinu growth in revenue alang with lower operating expenses in the perie In addition, the recent extension ef the NFL's labor agreement with s players will contribute to the consistency et our business over the ter of the agreement, As we look forward into fiscal 2021 and the unig challenges the pandemic may pose. we have the financial resources sustain our business. The Packers are well positioned to support drive tor more championships and exceptional fan experiences. The Green Bay Packers Audit Committee met with sur independa accaunting fitm, Wiefli LLP. ta review the results of eur annual au at our March 31, 2020. tinancial statements. Based on the audit, Wip issued an ungualified opinisn that aur fincal 2020 and 2019 financi statements are presented fairly in confarmity with ES. general accepted accounting principles (GAAPI. Below are summary financi statements and some highlights from our operations far our 2020 a 2019 fiscal years. Some reclassifications have been made to 20 amounts to conform to the 2020 presentation. Statement of Incame 2020 2019 Revenue $ thousands National $295,971 Local 210.914 SSON,BIS 203.450 Tetal revenue S477,943 Expenses Player costs Team 226.548 243.ORE 4,510 63.595 Sales, marketing & fan engagement Facilities, net 16.927 30,44 33,429 General & administrative 43.101 73,14 Total expenses 434.582 47,219 Pralit from operatians Net income "Net of lease-sbligated contributions from the Green Bay Brown County Professional Football Stadium District toward the maintenance of Lambeau Field, of $13.2 and $12.5 million in 2020 and 2019, respectively The Packers began their second century with a rebound in eperai profit for fiscal 2020. The improvement was attributable to cantinu growth in revenue alang with lower operating expenses in the perie In addition, the recent extension ef the NFL's labor agreement with s players will contribute to the consistency et our business over the ter of the agreement, As we look forward into fiscal 2021 and the unig challenges the pandemic may pose. we have the financial resources sustain our business. The Packers are well positioned to support drive tor more championships and exceptional fan experiences. The Green Bay Packers Audit Committee met with sur independa accaunting fitm, Wiefli LLP. ta review the results of eur annual au at our March 31, 2020. tinancial statements. Based on the audit, Wip issued an ungualified opinisn that aur fincal 2020 and 2019 financi statements are presented fairly in confarmity with ES. general accepted accounting principles (GAAPI. Below are summary financi statements and some highlights from our operations far our 2020 a 2019 fiscal years. Some reclassifications have been made to 20 amounts to conform to the 2020 presentation. Statement of Incame 2020 2019 Revenue $ thousands National $295,971 Local 210.914 SSON,BIS 203.450 Tetal revenue S477,943 Expenses Player costs Team 226.548 243.ORE 4,510 63.595 Sales, marketing & fan engagement Facilities, net 16.927 30,44 33,429 General & administrative 43.101 73,14 Total expenses 434.582 47,219 Pralit from operatians Net income "Net of lease-sbligated contributions from the Green Bay Brown County Professional Football Stadium District toward the maintenance of Lambeau Field, of $13.2 and $12.5 million in 2020 and 2019, respectively

Answer rating: 100% (QA)

i Total Expenses for each year 20172020 2017 3761 million 2018 4209 million 2019 4... View the full answer