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Business, 26.08.2020 14:01 chavez0

Rolling Hills Golf Course is planning for the coming golfing season. Investors would like to earn a % return on the company's of assets. The company primarily incurs fixed costs to groom the greens and fairways. Fixed costs are projected to be for the season. About rounds of golf are expected to be played each year. Variable costs are about 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 costplus pricing approach, what sales price should Rolling Hills charge for a round of golf to achieve the desired profit?

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Rolling Hills Golf Course is planning for the coming golfing season. Investors would like to earn a...

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