some control over the lift ticket prices. still serve 752,000 skiers and snowboarders each season. Read the requirements. 1. If Winter Sport can't 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? Show your analysis. Complete the following table to calculate Winter Sport's projected income and excess profit or shortfall. (Use parentheses or a minus sign to show a profit shortall Requirements 1. If Winter Sport can't 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? Show your analysis. 2. Assume that Winter Sport has found ways to cut its fixed costs to $25.5 million. What is its new target variable cost per skier/snowboarder? Assume investors want to earn a 16% return on assets. Compare this to the current variable cost per skier/snowboarder. Comment on your results