* More Info X ar lev Investors would like to earn a 10% return on investment on the company's $260,900,000 of assets Winter Mountains projects fixed costs to be $30,000,000 for the ski season. The resort serves about 710 000 skiers and snowboarders each season. Variable costs are about $12 per guest Last year, due to its favorable reputation Winter Mountains 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 nd Assume that Winter Mountains' reputation has diminished and other resorts in the vicinity are charging only $86 per lift ticket. Winter Mountains has become a price-taker and will not be able to charge more than its competitors. At the market price, Winter Mountains managers believe they will still serve 710,000 skiers and snowboarders each season. to Print Done col is planning its lift ticket pricing for the coming ski season it will it earn? State your answer in dollars and as a percent of assets. Will investors be happy with the profit level? CO i Requirements 1. If Winter Mountains 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? 2. Assume Winter Mountains has found ways to cut its fixed costs to $27,000,000. What is its new target variable cost per skier/snowboarder? Print Done ed costs to $27,000,000. What is its new target variable cost per skier/snowboarder? ariable cost per customer (Round your final answer to the nearest cent.) Winte Mountains cortes a Rocky Mountainsi resort The company is planning it in ticket pricing for the coming ski season Click the icon to ww in information Requirement Winter Mountains cannot reduce costs, what profit will it cam? State your answer in dollars and as a porcent of assets wil investors to happy with the profit love Composite the following table to catche Winter Mountains projected income Revenue at market price Less: Total costs Operating income Round the percentage to the nearest hundredth percent. XXX) Winter Mountain's projected operating income (profit) as a percent of assets amounts to Wil investors be happy with this proht level? % Requirement 2. Assume Winter Mountains has found ways to cut its fixed costs to $27,000,000 What is its new taroet vanable cost per skiet snowboarder? Complete the following table to calculate Winter Mountains new target variable cost per customer. (Round your tral answer to the nearest cont.) Revenue at market price Less Desired profit Target full cost Less: Reduced level of fixed costs Target total variable costs Divided by number of skiers / snowboarders Target variable cost per skler/snowboarder Enter any number in the edit fields and then continue to the next