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-   -   FOF: Balance Sheet (https://forums.operationsports.com/fofc//showthread.php?t=34791)

Yossarian 01-18-2005 08:29 AM

FOF: Balance Sheet
 
How can my ticket revenue drop when i have 100% attendance?

Ramzavail 01-18-2005 08:33 AM

Did you lower your prices?

Yossarian 01-18-2005 08:56 AM

Nope.

I've had it happen to me before tonnes of times. Never really paid much attention, so long as i'm profitable i'm not too fussed - but now with the increased importance to $$$ i'm paying a bit more attention.

Its happened the last two years, despite 100% attendance.

waitforit 01-18-2005 10:21 AM

Perhaps you had some playoff home games the year before, and did not have them in the current year.

Yossarian 01-18-2005 11:07 AM

That'd be it. Beenin the playoffs for about five years running but not the last two.

bryce 01-18-2005 10:29 PM

Maybe it's because I'm a CPA, but FOF's use of the term 'balance sheet' to describe financial performance has always kind of irked me b/c revenues and expenses are components of an income statement, not a balance sheet. A balance sheet would show your stadium cost, its accumulated depreciation, cash in the bank, accrued liabilities, etc etc. Income statements show revenues and expenses (financial performance/profitability) over a period of time; balance sheets are simply snapshots of assets and liabilities (solvency/liquidity) at a certain point in time.

Grrrr... Jim, consider this a bug report. Just kidding... Sort of... (But I'll let it slide.) :)

sovereignstar 01-18-2005 10:32 PM

Quote:

Originally Posted by bryce
Maybe it's because I'm a CPA


You think?

Honolulu Blue 01-19-2005 05:36 AM

Quote:

Originally Posted by bryce
Maybe it's because I'm a CPA, but FOF's use of the term 'balance sheet' to describe financial performance has always kind of irked me b/c revenues and expenses are components of an income statement, not a balance sheet.


Glad someone else noticed. We'll get this fixed eventually.


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