1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kolezko [41]
3 years ago
11

SnowParadise operates a Rocky Mountain ski resort. The company is planning its lift ticket pricing for the coming ski season. In

vestors would like to earn a 10 % return on investment on the​ company's $ 270,000 of assets. The company primarily incurs fixed costs to groom the runs and operate the lifts. SnowParadise projects fixed costs to be $ 31,000 for the ski season. The resort serves about 725,000 skiers and snowboarders each season. Variable costs are about $ 7 per guest.​ Currently, the resort has such a favorable reputation among skiers and snowboarders that it has some control over the lift ticket prices. Would SnowParadise emphasize target pricing or cost-plus pricing? Why?
Business
1 answer:
hichkok12 [17]3 years ago
5 0

Answer and Explanation:

The cost plus pricing refers to the pricing in which the markup percentage is added to the cost of the goods and services the company so that the selling price could be determined

According to the given situation, it is mentioned that the resort have a  favorable reputation among skiers which derives that the company products and pricing is different from other company dealing is same type of business. And due to the favorable reputation, the managers have some control over the ticket prices

So it shows the cost plus pricing situation.

You might be interested in
Which of the following typically happens as prices for a good or service rises?a. suppliers leave the marketb. consumers seek mo
Luba_88 [7]

Answer:

The correct answer is option D.

Explanation:

As the price of product increases the consumers will demand less because they now have to pay more than earlier.

The supply however is directly related to price level and will increase with the increase in price. The producers will produce more in order to enjoy higher revenue and profit.

This would encourage the other potential firms to enter the market, to earn higher profits.So more suppliers will enter the market.

However, this would lead to increase in supply of output. The excess supply will cause the price to fall eliminating higher profits.

5 0
3 years ago
Jokan contributes a nondepreciable asset to the Mahali LLC in exchange for a one-fourth (25%) interest in the LLC's capital and
dimulka [17.4K]

Answer:

A$33,500

B. $100,500

Explanation:

A. Calculation to determine How much of the nonrecourse debt is allocated to Jokan

Nonrecourse debt allocated=($167,500-$100,500)/2

Nonrecourse debt allocated=$67,000/2

Nonrecourse debt allocated=$33,500

Therefore based on the information given the amount of the NONRECOURSE DEBT that is allocated to Jokan is 25% or $33,500

B. Calculation to determine the amount of Jokan's basis in the LLC interest following the contribution

Basis in the LLC interest=$33,500+($167,500-$100,500)

Basis in the LLC interest=$33,500+$67,000

Basis in the LLC interest=$100,500

Therefore the amount of Jokan's basis in the LLC interest following the contribution is $100,500

4 0
3 years ago
You have just made your first $4,400 contribution to your retirement account. Assume you earn a return of 13 percent per year an
DENIUS [597]

Answer: $152,309.69

Explanation:

You are looking for the future value of this amount in 29 years assuming it will be compounded annually.

Future value = Amount * (1 + rate)^ number of years

= 4,400 * ( 1 + 13%)²⁹

= $152,309.69

4 0
3 years ago
If you invested $250 at 16% how much will have after 4.5 years
Iteru [2.4K]

Answer:

$180

Explanation:

$250 * 0.16 * 4.5 = $180

6 0
2 years ago
Read 2 more answers
You know about computer security, ethnics and privacy
Assoli18 [71]

what is the question?

5 0
3 years ago
Other questions:
  • Sharon fell while making an inspection of a machine at work and in the fall, she broke her arm. can she collect workers' compens
    10·1 answer
  • An elected official is
    5·2 answers
  • is often costly for developing countries to adjust to trade agreements because A. trade agreements systematically expect more li
    10·2 answers
  • When a multinational firm decides to sell its products abroad, one of the risks the firm faces is that the government of the for
    13·1 answer
  • Which one of the following statements about best practices is false?
    9·1 answer
  • Calculate the Kuznets Ratio for Bangladesh based on size distribution: The lowest 40% receives 17.3% of national income and the
    9·1 answer
  • Which of the following activities is not correctly associated with its cash flow classification? A) Operating – Sale of merchand
    14·1 answer
  • 16) The Nantucket Nugget is unlevered and is valued at $640,000. Nantucket is currently deciding whether including debt in its c
    15·1 answer
  • The expenditure on a fixed asset (such as a machine) or monetary asset (such as shares or bonds) that affects the net cash flow
    10·1 answer
  • What is the difference between position management and job management.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!