Business, 06.05.2020 02:44 augestfaith

Manhattan Swim Club is planning for the coming year. Investors would like to earn a 10% return on the company's $36,000,000 of assets. The company primarily incurs fixed costs to maintain the swimming pools. Fixed costs are projected to be $12,500,000 for the year. About 525,000 members are expected to swim each year. Variable costs are about $12 per swimmer. Manhattan Swim Club is a price-taker and won't be able to charge more than its competitors who charge $40 for a membership. What profit will it earn in terms of dollars? (1 point)

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 02:40

Which critical success factor improves with reduced cycle time, better quality standards, and improved efficiency when an is is implemented?

Answers: 3

Answer

Business, 22.06.2019 20:30

When patey pontoons issued 4% bonds on january 1, 2018, with a face amount of $660,000, the market yield for bonds of similar risk and maturity was 5%. the bonds mature december 31, 2021 (4 years). interest is paid semiannually on june 30 and december 31?

Answers: 1

Answer

Business, 22.06.2019 22:40

The uptowner just paid an annual dividend of $4.12. the company has a policy of increasing the dividend by 2.5 percent annually. you would like to purchase shares of stock in this firm but realize that you will not have the funds to do so for another four years. if you require a rate of return of 16.7 percent, how much will you be willing to pay per share when you can afford to make this investment?

Answers: 2

Answer

Business, 22.06.2019 23:30

Sally has a high-paying management position with a fortune 500 company, but she is tired of working for corporate america. so sally has decided to start a business, and she knows she will be successful as an entrepreneur because entrepreneurs typically

Answers: 3

Answer

You know the right answer?

Manhattan Swim Club is planning for the coming year. Investors would like to earn a 10% return on th...

Questions