Need help with number 2. Please input explanations or equations if possible. Thank you.

S25-3 (similar to) I Question Help Snow Dream operates a Rocky Mountain ski resort The company is planning its lift ticket pricing for the coming ski sonson (Click the icon to view the information.) Read the requirents Requirement 1. If SnowDream cannot reduce its costs, what profit will it carn? State your answer in dollars and as a percent of assets. Will investors be happy with the profit level? Complete the following table to calculate SnowDream's projected income. Revenue at market price S 61,500,000 Lees: Tolal costs 44,250,000 Operating income 5 17.250.000 (Round the percentage to the nearest hundredth percent, X.XX%.) ShowDream's projected operating income (profit) as a percent of assets amounts to 12.78 % Will investors be happy with this profit level? No, because the expected profit level does not meet the investors target return on besets. Requirement 2. Assume SnowDream has found ways to cut its fixed costs to $35,000,000. What is its new target variable cost per skierisnowboarder? Complete the following table to calculate SnowDream's new target variable cosi per customer. (Round your final answer to the nearest cent.) Revenue at market price 61.500.000 Loss: Desired profit Target full cost Lees: Reduced level of fixed costs Target total variable costs Divided by number of skiersi snowboarders Target variable cost per skier / snowboarder Enter any number in the edit fields and then click Check Answer. All parts showing Clear All Check Answer A More Info - X Investors would like to earn a 15% return on investment on the company's ,000 of assets. SnowDream projects fixed costs to be $36,000,000 for the ski season. The resort serves about 750,000 skiers and snowboarders each season. Variable costs are about $11 per guest. Last year, due to its favorable reputation, SnowDream was a price-setter and was able to charge $4 more per lift ticket than its competitors without a reduction in the number of customers it received. Assume that SnowDream's reputation has diminished and other resorts in the vicinity are charging only $82 per lift ticket. SnowDream has become a price-taker and will not be able to charge more than its competitors. At the market price, SnowDream managers believe they will still serve 750,000 skiers and snowboarders each season. Print Print Done Done Requirements 1. If SnowDream cannot reduce its costs, what profit will it earn? State your answer in dollars and as a percent of assets. Will investors be happy with the profit level? 2. Assume SnowDream has found ways to cut its fixed costs to $35,000,000. What is its new target variable cost per skier/snowboarder? Print Done