Forever Snowies operates a Rocky Mountain sk resort. The company is planning its lift tcket pnicing for the coming ski soason. 2. (Click the ioon to view the information.) Reod the reguirements Requirement 1. If Forever Snowies cannot reduce its costs, what profit will eam? State your answor in dollarf and as a percent of assets. Wa imvestors be happy with the profit level? Complete the following table to calculate Forever Snowies' projected income: Requirements 1. If Forever Snewies cannot reduce its costs, what profit wall it eam? State your answer in dollars and as a percent of assets. Wa investors be happy with the profit lever? 2. Assume Forover Sncwies has found ways to cut iss foed costs 10$32,000,000, What is its new. target vanable cost por skiocisnowboander? rever Snowies operates a Rocky Mountain ski resort. The company is planning its lift ticket pricing for the coming ski season. (Click the icon to view the information.) More info Investors would like to earn a 15% return on investment on the company's $148,500,000 of assets. Forever Snowies projects fixed costs to be $35,000,000 for the ski season. The resort serves about 725,000 skiers and snowboarders each season. Variable costs tre about $10 per guest. Last year, due to its favorable reputation, Forever Snowies was a price-setter and was able to charge $5 more per lift ticket than its competitors without a reduction in the number of customers it received. Assume that Forever Snowies' reputation has diminished and other resorts in the vicinity are charging only $84 per lift ticket. Forever $ nowies has become a price-taker and will not be able to charge more than its competitors. At the market price, Forever Snowies managers believe they will still serve 725,000 skiers and snowboarders each season