2. there are a lot of customers
3. therefore ticket master holds lots of customer cash in transit (this is called the "float")
4. cash earns 5% interest so this year they will earn about 5% * avg float
2. there are a lot of customers
3. therefore ticket master holds lots of customer cash in transit (this is called the "float")
4. cash earns 5% interest so this year they will earn about 5% * avg float