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Mountaintop golf course is planning for the coming season. Investors would like to eam a 12% return on the company's $49,000,000 of assets. The company
Mountaintop golf course is planning for the coming season. Investors would like to eam a 12% return on the company's $49,000,000 of assets. The company primarily incurs foxed costs to groom the greens and fairways. Foxed costs are projected to be $24,000,000 for the golfing season. About 410,000 golfers are expected each year Variable costs are about $19 per golfer. The Mountaintop golf course is a price-taker and won't be able to charge more than its competitors who charge $115 per round of goll. What profit will it eam in terms of dollars? O A $15,360,000 O B. $(24,000,000) OC. $(15,360,000 OD. $30 940,000
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