#14

8.2-31a Question Help Mountaintop golf course is planning for the coming season. Investors would like to earn a 12% return on the company's $45,000,000 of assets. The company primarily incurs fixed costs to groom the greens and fairways. Fixed costs are projected to be $25,000,000 for the gelfing season. About 440,000 golfers are expected each year. Variable costs are about $19 per golfer. The Mountaintop golf course is a price-taker and won't be able to charge more than its competitors who charge S77 per round of golf. What profit will it earn in terms of dollars? OA. $(520,000) OB. $25,000,000) O c. $520,000 O D. $17,240,000