SnowDelight operates a Rocky Mountain resort. The company is planning is in the pricing for the coming season Click the con to view the information) Read the requirements Requirement 1. If SnowDelight cannot reduce its costs, what profit will it eam? Stano your answer in dollars and as a percent of assets. Wil investor be happy with the profit level? Complete the following table to calcule SnowDelights projected income - X Revenue at market price More Info Less: Total costs Operating income Investors would like to earn a 15% return on investment on the company's $165.000.000 of assets SnowDelight projects fixed costs to be $30,000,000 for the ski beason. The resort serves about 750,000 skiers and snowboarders each season Variable costs are about $0 por guest Last year, due to its favorable reputation SnowDelight was a price-setter and was able to charge $3 more per ift ticket than its competitors without a reduction in the number of customers it received Assume that SnowDelight's reputation has diminished and other resorts in the vicinity are charging only $87 per lift ticket SnowDelight has become a price-taker and will not be able to charge more than its competitors. At the market price SnowDelight managers believe they will serve 750,000 skiers and snowboarders each season Print Done Requirements 1. If SnowDelight cannot reduonis costs, what profit will it eam? State your answer in dollars and as a percent of assets Wawestors be happy with the profit devel? 2. Asume SnowDeleht has found ways to cut its twee costs to $54,500,000. What is its new target per Print Done