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Mountain Points operates a Rocky Mountain ski resort. The company is planning its lift ticket pricing for the coming ski season. (Click the icon to
Mountain Points 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.) Read the requirements. This question: 5 point(s) pos Complete the following table to calculate Mountain Points' projected income. Revenue at market price 58725000 Less: Total costs 40075000 14.65 Operating income (Round the percentage to the nearest hundredth percent, XXX%) Mountain Points's projected operating income (profit) as a percent of assets amounts to 14.65 %. Will investors be happy with this profit level? Requirement 2. Assume Mountain Points has found ways to cut its fixed costs to $34,000,000. What is its new target variable cost per skier/snowboarder? Complete the following table to calculate Mountain Points' new target variable cost per customer. (Round your final answer to the nearest cent.) 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 skier/snowboarder
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