Question: Question 22 10 pts Boulder golf course is planning their budget for the year. Owners would like to earn a 16% return on the company's

 Question 22 10 pts Boulder golf course is planning their budget

Question 22 10 pts Boulder golf course is planning their budget for the year. Owners would like to earn a 16% return on the company's $400,000 of assets. Fixed costs are budgeted to be $150,000 for year. 100,000 total golfers are expected each year. Variable costs are about $12 per golfer. Boulder golf course has a favorable reputation in the area and therefore, has some control over the price of a round of golf. Based on their budget and goals, how much should they charge each golfer

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