Rocky Pines golf course is planning for the coming season. Investors would like to earn a...

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Rocky Pines golf course is planning for the coming season. Investors would like to earn a 12% return on the company's $48,000,000 of assets. The company primarily incurs fixed costs to groom the greens and fairways. Fixed costs are projected to be $25,000,000 for the golfing season. About 410,000 golfers are expected each year. Variable costs are about $15 per golfer. Rocky Pines golf course has a favorable reputation in the area and therefore, has some control over the price of a round of golf. Using a cost-plus approach, what price should the course charge for a round of golf? (Round the final answer to the nearest cent.) OA. $131.12 OB. $90.02) OC. $15.00 OD. $75.95 Rocky Pines golf course is planning for the coming season. Investors would like to earn a 12% return on the company's $48,000,000 of assets. The company primarily incurs fixed costs to groom the greens and fairways. Fixed costs are projected to be $25,000,000 for the golfing season. About 410,000 golfers are expected each year. Variable costs are about $15 per golfer. Rocky Pines golf course has a favorable reputation in the area and therefore, has some control over the price of a round of golf. Using a cost-plus approach, what price should the course charge for a round of golf? (Round the final answer to the nearest cent.) OA. $131.12 OB. $90.02) OC. $15.00 OD. $75.95