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A2 X x A B C D E F G H CH 8-2 Use the information below to answer the following question(s): 2 Green Pastures

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A2 X x A B C D E F G H CH 8-2 Use the information below to answer the following question(s): 2 Green Pastures golf course is planning for the coming season. Investors would like to earn a 10% return on the company's $40 million of assets. The company primarily incurs fixed costs to groom the greens and fairways. Fixed costs are projected to be B $15,000,000 for the golfing season. About 400,000 golfers are expected each year. Variable costs are about $20 per golfer. 5 Using a cost-plus approach, what price should Green Pastures charge for a round of golf? 6 8

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