Mountaintop golf course is planning for the coming season. investors would like to earn a 12% return on the company's $ 47 comma 000 comma 000 of assets. the company primarily incurs fixed costs to groom the greens and fairways. fixed costs are projected to be $ 24 comma 000 comma 000 for the golfing season. about 410 comma 000 golfers are expected each year. variable costs are about $ 17 per golfer. mountaintop golf course has a favorable reputation in the area and therefore, has some control over the price of a round of golf. using a costminusplus approach, what price should mountaintop charge for a round of golf?

University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.

What criteria does a company have to meet to be considered a monopoly?