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Business, 21.08.2019 03:20 machucajazz34182

Willow golf course is planning for the coming golfing season. investors would like to earn a 15% return on the company's $60,000,000 of assets. the company primarily incurs fixed costs to groom the greens and fairways. fixed costs are projected to be $32,000,000 for the season. about 600,000 rounds of golf are expected to be played each year. variable costs are about $17 per round of golf. willow golf course is a price−taker and will not be able to charge more than its competitors, who charge $77 per round of golf. compute the operating profit that will be earned.

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