finance final;

Pro teams pursue financial AND performance success.

•Measures a business’ profitability over a specific period, such as a year or quarter.

Which is not a 5 C of credit?

estimates based on the time value of money

the concept that money in today’s dollars decreases in value the further out into the future

Fans often prefer the tradition of sports to high-tech advancements.

What is the most common way to raise capital?

When buyers want a special experience, they can be under-sensitive to high prices.

Dallas + Ft. Worth is more populous than San Antonio.

Debt =

Budgeting enables estimated financial measurements.

Spacial clusters of franchises promote rivalry and maximize revenue generation.

comparison of financial health to a historical benchmarks

Too much pessimism about revenue streams is a major theme of financial mismanagement

What is the most common example of capital spending in sport?

a statement of financial condition prepared at the end of a set time period that lists a company’s assets, liabilities..

the degree of ease and quickness of converting assets to cash

The quality of a stadium IS linked to the financial success of a franchise.

“funds that are kept by a business to be reinvested in the company”

San Jose is more populated than San Diego

Has a productive life of more than one year

comparison of financial health to peer institutions

where total revenue = total cost

Facilities are the largest percentage of sport organization spending.

the difference between estimates and actual figures