Less than 30 of 350+ NCAA Division I athletic departments generate revenues in excess of their expenses. What has the median “net loss” approximately been for NCAA Division I FBS athletic departments? 

Jasmine’s Lacrosse Nonprofit reported $5,127,571 in Total Expenses; $848,023 in Fundraising Expenses; $3,805,699 in Program Expenses;  and $473,849 in Management and General Expenses. What is the organization’s administrative expense ratio (administrative expenses/total expenses) and how should they respond?

A debenture is a corporate bond that has no assets to secure it (i.e., to guarantee repayment).

The athletic department at Big State University is considering two different facility renovation projects on their campus, both with 5 year life expectancies. Utilizing the payback period approach, determine the payback period and the correct recommendation for what the athletic department should decide regarding the potential renovation project. Project A Project B Year Cash Flow Cash Flow 0 ($750,000) ($400,000) 1 $200,000 $50,000 2 175,000 60,000 3 200,000 75,000 4 60,000 175,000 5 50,000 150,000

The primary expense across NCAA Division I FBS and FCS athletic departments

The New Orleans Pelicans need to decide whether the organization should take on a renovation project for their training complex. According to the net present value (NPV) capital budgeting approach, what should the organization do assuming a cost of capital of 9% and the following projected cash flows?

Let’s assume Adidas made $2.1 billion in profits in 2023-23. Rather than distributing profits in the form of dividends to shareholders, the organization decides to save the profits for later use. This represents an example of which of the following?

Arrow’s Archery Training Center reported $1,400M in Total Assets; $700M in Current Assets; $145 in Current Liabilities; and $720M in Total Liabilities. What is the company’s debt ratio (total liabilities/total assets)? The industry average is .40. How should the company respond?    

The crypto platform FTX signed the largest naming rights deal for a sport facility.

What is the minimum tax-exempt bond yield needed if your tax rate is 35% and you are considering a taxable-bond with a 3.125% return?