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Question 22 10 pts Boulder golf course is planning their budget for the year. Owners would like to earn a 16% return on the company's
Question 22 10 pts Boulder golf course is planning their budget for the year. Owners would like to earn a 16% return on the company's $400,000 of assets. Fixed costs are budgeted to be $150,000 for year. 100,000 total golfers are expected each year. Variable costs are about $12 per golfer. Boulder golf course has a favorable reputation in the area and therefore, has some control over the price of a round of golf. Based on their budget and goals, how much should they charge each golfer
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