Question: Using Excel, create a budgeted Income Statement for the concert, with detailed revenue and expense line items. A properly constructed spreadsheet should allow me to

Using Excel, create a budgeted Income Statement for the concert, with detailed revenue and expense line items. A properly constructed spreadsheet should allow me to easily and quickly answer questions 3-6 in the problem or any other what-if' questions by plugging in different values in the data section and/or by using GOAL SEEK. Create a separate worksheet with a modified data section and Income Statement that incorporate the likelihood of no-shows (people who buy tickets but don't attend the concert). Assume an expected no-show percentage of 10%. Using Excel, create a budgeted Income Statement for the concert, with detailed revenue and expense line items. A properly constructed spreadsheet should allow me to easily and quickly answer questions 3-6 in the problem or any other what-if' questions by plugging in different values in the data section and/or by using GOAL SEEK. Create a separate worksheet with a modified data section and Income Statement that incorporate the likelihood of no-shows (people who buy tickets but don't attend the concert). Assume an expected no-show percentage of 10%
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