Skiable Acres operates a Rocky Mountain ski resort. The compae

coming ski season.

$($i$)($Click the icon to view the information.$)$

Read the requirements.

Requirement $1.$ If Skiable Acres 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?

Complete the following table to calculate Skiable Acres' projected income.

Revenue at market price

Less: Total costs

Operating income

Requirements

If Skiable Acres 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?

Assume Skiable Acres has found ways to cut its fixed costs to $$34,000,000.$ What is its new target

variable cost per skier$/$snowboarder$?$