unt Snows operates a Rocky Mountain ski resort. The company is planning its lift ticket pricing for the coming ski season (Cick the icon to view the information) ad the requirements equirement 1. If Mount Shows cannot reduce its costs what profit will it earn? State your answer in dollars and as a percent of assets Will investors be happy th the profit level? complete the following table to calculate Mount Snows projected income evenue at market price ess: Total costs Operating income Requirements - X D 1. If Mount Snows cannot reduce its costs, what profit will it eam Start your answer in dollars and as a percent of assets will investors be happy with the profit level? 2. Assume Mount Snows is found ways to cut its fixed costs to $28.500.000 What is its new target variable cost per sosnowboarder? Dr De More info Investors would like to earn a 10% return on investment on the company's $260,900,000 of assets. Mount Snows projects fixed costs to be $30,000,000 for the ski season. The resort serves about 710,000 skiers and snowboarders each season. Variable costs are about $8 per guest. Last year due to its favorable reputation, Mount Snows was a price-setter and was able to charge $5 more per lift ticket than its petitors without a reduction in the number of customers it received Assume that Mount Snows reputation has diminished and other resorts in the vicinity are charging only $82 per lift ticket Mount Snows has become a price-taker and will not be able to charge more than its competitors At the market price, Mount Snows managers believe they will still serve 710.000 skiers and snowboarders each season