Kansas City Zephyrs Case Study.
Assignment Details: Using the content from the Financial Analysis course as a framework to review the financial records of the Kansas City Zephyrs Baseball Club, please provide a detailed response to each of the questions below. Your responses should include the data from the case study’s financial records to back up and add credibility to your responses. Responses missing details will be penalized. You will be graded based on proper application of the course content in your analysis as well as a comprehensive explanation of the rationale (story) behind the financial numbers which you are explaining. Assignment Length: 2-3 pages (Double Spaced, Times New Roman/Calibri/Arial Font) Questions: 1. According to Exhibit 1, explain the details of the increases in operating revenue from 2004 to 2005 on the income statement for the Kansas City Zephyrs? 2. According to financial records in Exhibit 1 and Exhibit 4, explain the “3” largest financial differences/discrepancies in operating expenses from 2004 to 2005 between the 2 different income statements submitted “owners” and “players association” for the Kansas City Zephyrs? 3. According to Exhibit 5, what is the main argument/rationale for difference in the financial numbers submitted by the player’s association in comparison to the owners. Provide an explanation for the differences.