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SnowDreams cperases a Rocky Mountain sw resort. The company is planning its in foket pricing for the coming ski season. (B) (Click the joon to view the infermation) Read the requirements Conplete the following table to calculate SnowOreams' projected income: (Fround the percentwe to the nearest hundredth cevent % ) Snow0reams'x propected operating income (profi) as a percent of assets amouns to Wa investors be hapgy with fris podt level? Requirement 2. Astume SinowOreams has found way to cut its fired costs to 531,100,000. What is is new target variable cost per skerianowboarden? Complete the following table to calculate SnowOreams' new target varible cost per customer. (Round your fnal answer to the nearest cent). wDreams' projected income. More info Investors would like to earn a 11% return on investment on the company's $156,000,000 of assets. SnowDreams projects fixed costs to be $33,000,000 for the ski season. The resort serves about 660,000 skiers and snowboarders each season. Variable costs are about $12 per guest. Last year, due to its favorable reputation, SnowDreams 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 SnowDreams' reputation has diminished and other resorts in the vicinity are charging only $83 per lift ticket. SnowDreams has become a price-taker and will not be able to charge more than its competitors. At the market price, SnowDreams managers believe they will still serve 660,000 skiers and snowboarders each season. Requirements 1. If SnowDreams 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 SnowDreams has found ways to cut its fixed costs to $31,100,000. What is its new target variable cost per skier/snowboarder