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For the next 3 questions, please use the following information: Philadelphia Swim Club is planning for the coming year. Investors would like to earn a

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For the next 3 questions, please use the following information: Philadelphia Swim Club is planning for the coming year. Investors would like to earn a 10% return on the company's $30 million of assets. The company primarly incurs fixed costs to maintain the swimming pool. Fixed costs are projected to be $12,500,000 for the year. About 500,000 members are expected to swim each year. Variable costs are about $10 per swimmer. , Using a cost-plus approach, what price should Philadelphia Swim Club charge for a membership? $37.50 $41.00 $0.17 $29.00

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