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Revenue Sharing

November 30 2012 at 5:35 PM
AlGoreIthm  (no login)

 

This is not too difficult, hopefully some newbies can give it a spin:

Yesterday's newspaper published which NHL teams had profits for the 2011-2012 season and which had losses, with specific amounts:

17 Teams with Profits: (all amounts in Millions)

Toronto Maple Leafs, 81.9
New York Rangers, 74
Montreal Canadien, 51.6
Chicago BlackHawks, 20.5
Boston Bruins, 14.2
Detroit Red Wings, 20.8
Vancouver Canucks, 30.4
Philadelphia Flyers, 10.9
Pittsburgh Penguins, 9.1
Los Angeles Kings, 1.8
Calgary Flames, 11
Dallas Stars, 3
Edmonton Oilers, 16.2
Ottawa Senators, 14.5
Colorado Avalanche, 4.5
New Jersey Devils, 2.8
Winnipeg Jets, 13.3

13 Teams with Losses: (all amounts in Millions)

Washington Capitals, 1
San Jose Sharks, 0.9
Minnesota Wild, 3.9
Anaheim Ducks, 10.8
Buffalo Sabres, 10.4
Tampa Bay Lightning, 13.1
Florida Panthers, 12
Nashville Predators, 3.4
Carolina Hurricanes, 9.4
New York Islanders, 16
Columbus Blue Jackets, 18.7
Phoenix Coyotes, 20.6
St. Louis Blues, 10

Under the QBasic Revenue Sharing Plan, the 17 teams with Profits will have to
give up an equal % of their profits to keep the 13 teams with losses afloat.

Determine what this percentage is AND, calculate what the total bill will be for each profitable team.

Not a toughie at all, just something to play with, enjoy

 
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