subject
Business, 16.10.2019 20:30 naterasjen6531

Hilltop golf course is planning for the coming golfing season. investors would like to earn a 10% 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 $30,000,000 for the season. about 600,000 rounds of golf are expected to be played each year. variable costs are about $16 per round of golf. hilltop golf course has a favorable reputation in the area and, therefore, has some control over the sales price of a round of golf. using a cost-plus pricing approach, what sales price should hilltop charge for a round of golf to achieve the desired profit?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 23:30
Afreelance​ singer-songwriter is planning the restoration of a recently purchased civil​ war-era farmhouse. while he professes an enjoyment​ of, and talent in the construction​ trades, the theory of comparative advantage implies that a. the value of what he imports​ (in this​ case, professional contractor​ services) must equal the value of what he exports​ (songs). b. he should concentrate on the restoration work since his​ out-of-pocket costs will be much lower than if he hires professionals. c. ​self-sufficiency is​ advantageous, hence he should split his time between music and construction. d. the income lost while away from music will likely exceed the savings realized by doing the work​ himself, thus, he should hire professionals to do the restoration work. e. he ought to do as much of the work himself as possible since imports​ (in this​ case, professional contractor​ services) should always be restricted to those things that cannot be done internall
Answers: 2
question
Business, 22.06.2019 16:00
Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?
Answers: 3
question
Business, 22.06.2019 20:00
An arithmetic progression involves the addition of the same quantity to each number.which might represent the arithmetic growth of agricultural production
Answers: 3
question
Business, 23.06.2019 02:00
Create a list of five action verbs you might use on a job application to describe skills and/or work history. here are some examples: (organized, produced, selected, coordinated, contributed). find five other than the examples.
Answers: 3
You know the right answer?
Hilltop golf course is planning for the coming golfing season. investors would like to earn a 10% re...
Questions
question
Mathematics, 20.06.2021 06:30
question
Biology, 20.06.2021 06:30
question
Mathematics, 20.06.2021 06:40
question
Mathematics, 20.06.2021 06:40
question
Business, 20.06.2021 06:40
Questions on the website: 13722363