1 questions with 5 parts. steps please

Snow Delight Inc. operates a Rocky Mountain ski resort. The company is planning its lift ticket pricing for the comin million of assets. The company incurs primarily fixed costs to groom the runs and operate the lifts. Snow Delight pro skiers and snowboarders each season. Variable costs are $7 per guest. The resort had such a favorable reputation Assume that Snow Delight's reputation has diminished and other resorts in the vicinity are charging only $66 per lift than its competitors. At the market price, Snow Delight's managers believe they will still serve 775,000 skiers and s Read the requirements. 1. If Snow Delight can't reduce its costs, what profit will it earn? State your answer in dollars and as a percent of ass Complete the following table to calculate Snow Delight's projected income and excess profit or shortfall. (Use parent ements. ght can't reduce its costs, what profit will it earn? State your answer in dotars and as a percent of assets. Wal imvestors be happy with the proft leveri show your araysis. Sllowing table to calculate Snow Delght's projected income and excess proft or shortast. (Use parentheses or a minus sign to show a profit shonfall ) Requirements 1. If Snow Delight can't reduce its costs, what profit will it earn? State your answer in dollars and as a percent of assets. Will investors be happy with the profit level? Show your analysis. 2. Assume that Snow Delight has found ways to cut its fixed costs to $28.5 million. What is its new target variable cost per skier/snowboarder? Assume investors want to eam a 17% return on assets. Compare this to the current variable cost per skier/snowboarder. Comment on your results