subject
Business, 03.05.2021 14:30 kaffolter25

Rolling Hills 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 $17 per round of golf. Rolling Hills 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 Rolling Hills charge for a round of golf to achieve the desired profit

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 14:30
Your own record of all your transactions. a. check register b. account statement
Answers: 1
question
Business, 23.06.2019 05:30
What is a potential negative effect of an expansionary policy? decreased borrowing increased interest rates increased inflation decreased available credit
Answers: 1
question
Business, 23.06.2019 06:40
Acollege career counselor working at a community college is part of what career area? a. administration b. professional support services c. teaching and training d. guidance counseling
Answers: 2
question
Business, 23.06.2019 06:50
Free rein leaders can be described as: a. dictatorial b. authoritarian c. democratic d. permissive
Answers: 1
You know the right answer?
Rolling Hills Golf Course is planning for the coming golfing season. Investors would like to earn a...
Questions
question
Mathematics, 24.03.2020 16:14
question
Biology, 24.03.2020 16:14
question
English, 24.03.2020 16:14
Questions on the website: 13722360