An insurance company contract with artists to exhibit their

Reference no: EM13576450

An insurance company contract with artists to exhibit their works to the public. AOTI has agreed to pay as well known artist a 20,000 $ commission for the right to exhibit his work for one month.

AOTI pays an artist a $20,000 commission to display the artist's works. it sells 4,000 tickets at $6 each. assume that attendance is 10 percent more .and 10 percent less.calculate the percentage change in revenue and net income if the attendance increase or decreases 10 percents.

Reference no: EM13576450

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