Question

Frank Houser owns a football team that plays its home games at Memorial Stadium. To increase revenue he is offering a sponsorship to Durable Goods, a company that makes sports equipment. Durable Goods wants to provide all of the team's equipment and pay $150,000 for the right to place its logo on the team's uniforms. Currently, the team spends $108,000 on equipment annually. How much will Frank profit by accepting the offer? a) $108,000 b) $150,000 c) $258,000 d) $1,000,000

Answer 1

Option (a);$108,000 is your answer