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kolezko [41]
4 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]4 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.

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Stock has a 50% chance of producing a 46% return, a 30% chance of producing a 10% return, and a 20% chance of producing a -28% r
lakkis [162]

Answer:

the firm expected rate of return is 20.4%

Explanation:

The computation of the expected rate of return is shown below:

= Respective Probabilities × respective returns

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= 0.23 + 0.03 - 0.056

= 0.204

= 20.4%

hence, the firm expected rate of return is 20.4%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

6 0
3 years ago
Kermit calculated his total asset turnover to be 1.13. this tells kermit that:
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3 0
4 years ago
Which of these is true of the items in Column B in relation to Column A?
katen-ka-za [31]

Answer:

B. They are wants related to needs in Column A

Explanation:

The question is incomplete!!!

Please refer the complete question below:

Which of these is true of the items in Column B in relation to Column A?

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3 0
3 years ago
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7 0
1 year ago
Read 2 more answers
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