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the x C Whistle Works Manufacturers x + QO /185464/take/questions/3922189 Kidz Love Soccer Pinnacle Property Business and Cult. Question 10 3.7 pts Mountaintop golf course

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the x C Whistle Works Manufacturers x + QO /185464/take/questions/3922189 Kidz Love Soccer Pinnacle Property Business and Cult. Question 10 3.7 pts Mountaintop golf course is planning for the coming season. Investors would like to earn a 12% return on the company's $50,000,000 of assets. The company primarily incurs fixed costs to groom the greens and fairways, Fixed costs are projected to be $24,000,000 for the golfing season. About 440,000 golfers are expected each year. Variable costs are about $16 per golfer. Mountaintop golf course has a favorable reputation in the area and therefore, has some control over the price of around of golf. Using a costplus approach, what price should Mountaintop charge for a round of golf? $127.27 $84.18 $16 $70.55 Previous Next

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