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?
Answers: 3
Business, 22.06.2019 17:00
Afinancing project has an initial cash inflow of $42,000 and cash flows of −$15,600, −$22,200, and −$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?
Answers: 1
Business, 22.06.2019 20:20
Digitalhealth electronics inc. is a company that builds diagnostic devices. it was the first company to develop a compact mri scanner by reconfiguring the components of the mri technology. this smaller and user-friendly version of the huge mri scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. which of the following types of innovations does this scenario best illustrate? a. disruptive innovation b. incremental innovation c. radical innovation d. architectural innovation
Answers: 3
Business, 22.06.2019 21:00
The purpose of the transportation approach for location analysis is to minimize which of the following? a. total costsb. total fixed costsc. the number of shipmentsd. total shipping costse. total variable costs
Answers: 1
Business, 23.06.2019 02:00
What percentage of hard rock's profit is derived from retail shop sales?
Answers: 1
Mountaintop golf course is planning for the coming season. investors would like to earn a 12% return...
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