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FOF: Balance Sheet
How can my ticket revenue drop when i have 100% attendance?
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Did you lower your prices?
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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. |
Perhaps you had some playoff home games the year before, and did not have them in the current year.
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That'd be it. Beenin the playoffs for about five years running but not the last two.
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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.) :) |
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Glad someone else noticed. We'll get this fixed eventually. |
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