T. boone pickens football stadium at oklahoma state university has a seating capacity of about 60,000. assume the stadium sells out all eight home games before the season begins and the athletic department collects $31 million in ticket sales.
1. what was the average price per season ticket and average price per individual game ticket sold?
2. record the advance collection of $29 million in ticket sales. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. enter your answers in dollars not millions. for example, 7,000,000 rather than 7 million.)

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.