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Skiable com operes a Rody Mountain salment The company is planning the ticket pricing for the coming ski somon (Click the icon to view the

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Skiable com operes a Rody Mountain salment The company is planning the ticket pricing for the coming ski somon (Click the icon to view the information) Read the im Requirement 1. Stable Acres cannot reduce its costs, what profit wilien State your answer in dollars and as a percent of assets. Wir bioppy with the proven Complete the following tablette Skiable Acres's projected income Revenue at market price $ 4500,000 42.000.000 Less: Total costs 5.22.500.000 Operating income Round the percentage to the nearest hundredth percent Xxx Skiablo Acres projected operating income (profitas percent of assets amounts to 1364 W investors be happy with this profit level? No, because the expected level does not meet the investors targetones CD Will investors be happy with this profit level? No because the expected profit level does not meet the investors target return on assets Requirement 2. Assume Skiable Acres has found ways to cut its fixed costs to $34.000.000. What is its new target variable cost per skiet snowboarder? Complete the following table to calculate Skiable Acres's new target variable cost per customer (Round your final answer to the nearest cent) Revenue at market price Less: Desired profit Target full cost Less: Reduced level of fixed costs Target total variable costs Divided by number of skiers / snowboarders Target variable cost per skier / snowboarder usiness Dec Part 4 of 4 ski resort The company is planning its lift ticket pricing for the coming ski season :) - - X Requirements wel? es not meet mas found w 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? 2. 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? Skiable Acr Print Done 25 S-T Business Dec. Question 3, S26-3 (similar to) Part 4 of 4 HW Score: 12.79%, 11.64 of 91 points Points: 3.33 of 8 Save ky Mountain ski resort. The company is planning is in ticket pricing for the coming ski season information) - X More info is profit level? it level does not meet the live ble Acres has found ways to calculate Skiable Acres's new Investors would like to earn a 15% return on investment on the company's $165,000,000 of assets Skiable Acres projects fixed costs to be $36,000,000 for the ski season. The resort serves about 750.000 skiers and snowboarders each season Variable costs are about 58 per guest. Last year, due to its favorable reputation Skiable Acres was a price setter and was able to charge $3 more per ticket than its competitors without a reduction in the number of customers it received Assume that Skiable Acres's reputation has diminished and other resorts in the vicinity are charging only $86 per lift ticket Skiable Acres has become a price taker and will not be able to charge more than its competitors At the market price, Skiable Acres managers believe they will still serve 750,000 sklers and snowboarders each season costs Print Done I snowboarders

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