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Forever Snowies operates a Rocky Mountain ski resort. The company is planning its lift ticket pricing for the coming ski season. ( 1 ) (

Forever Snowies operates a Rocky Mountain ski resort. The company is planning its lift ticket pricing for the coming ski season.
(1)(Click the icon to view the information.)
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Requirement 1. If Forever Snowies cannot 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?
Complete the following table to calculate Forever Snowies' projected income.
Revenue at market price
Less: Total costs
Requirements
Operating income
If Forever Snowies cannot reduce its costs, what profit will it eam? State your answer in dollars and as a percent of assets. Will investors be happy with the profit level?
Assume Forever Snowies has found ways to cut its fixed costs to $33,500,000. What is its new target variable cost per skier/snowboarder?
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