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Links Golf Course is planning for the coming golfing season. Investors would like to earn...

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Accounting

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Links Golf Course is planning for the coming golfing season. Investors would like to earn a 10% return on the company's $58,000,000 of assets. The company primarily incurs fixed costs to groom the greens and fairways. Fixed costs are projected to be $32,000,000 for the season. About 600,000 rounds of golf are expected to be played each year. Variable costs are about $15 per round of golf. Links Golf Course is a price - taker and will not be able to charge more than its competitors, who charge $76 per round of golf. Compute the operating profit that will be earned. O A. $86,600,000 O B. $4,600,000 OC. $5,800,000 O D. $45,600,000

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