Hilltop golf course is planning for the coming golfing season. investors would like to earn a 1515% return on the company's $ 50 comma 000 comma 000$50,000,000 of assets. the company primarily incurs fixed costs to groom the greens and fairways. fixed costs are projected to be $ 32 comma 000 comma 000$32,000,000 for the season. about 600 comma 000600,000 rounds of golf are expected to be played each year. variable costs are about $ 16$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?

Jennifer purchased a house in a brand new development in the outskirts of town. when her house was built, the nearest fire department was nearly 20 miles away. as her neighborhood developed, the density of the community called for a new fire department 1.5 miles away. what effect will the new fire station have on her homeowners insurance premium? a. a new fire department will be more demanding on local taxes. her annual premium will go up. b. the location of a fire department has no bearing on the value of her house. her annual premium will stay the same. c. the new fire department will reduce the risk of financial loss in her home. her annual premium should decrease. d. with a fire department so close (less than 5 miles), financial risk on jennifer’s home practically disappears. she will not need to pay insurance anymore.