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Requirement 1. If SnowCastles 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 leve Complete the following table to calculate SnowCastles' projected income. (Round the percentage to the nearest hundredth percent, X.XX%.) SnowCastles's projected operating income (profit) as a percent of assets amounts to % Will investors be happy with this profit level? Requirement 2. Assume SnowCastles has found ways to cut its fixed costs to $30,500,000. What is its new target variable cost per skier/snowboarder? Complete the following table to calculate SnowCastles' new target variable cost per customer. (Round your final answer to the nearest cent.) More info Investors would like to earn a 11% return on investment on the company's $156,000,000 of assets. SnowCastles projects fixed costs to be $33,000,000 for the ski season. The resort serves about 660,000 skiers and snowboarders each season. Variable costs are about $13 per guest. Last year, due to its favorable reputation, SnowCastles was a price-setter and was able to charge $5 more per lift ticket than its competitors without a reduction in the number of customers it received. Assume that SnowCastles' reputation has diminished and other resorts in the vicinity are charging only $84 per lift ticket. SnowCastles has become a price-taker and will not be able to charge more than its competitors. At the market price, SnowCastles managers believe they will still serve 660,000 skiers and snowboarders each season