Wednesday
April 1, 2015

Homework Help: financial mgmt

Posted by cindy on Friday, February 6, 2009 at 2:20pm.

Ettenheim village is considering building a town swimming pool. The annual facility cost would be $200,000. Staff salaries for the pool, which would only be open during the summer would be $75,000. Other fixed cost would be $20,000 a year. There are other expenses of $50 per person per season.

Marketing studies suggest that the village residents would be willing to spend $150 a year for an individual membership and $300 for family membership. On average families in the village have 3 people. How many members will have to join each year to make the pool cover its cost. Assume that 75% of the memberships are family memberships.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

financial mgmt - Ettenheim village is considering building a town swimming pool...
English - I am writing an essay about the swimming pool in the Great Gatsby, but...
Econ - A firm is considering locating a 100 employee microprocessor production ...
Algebra - HELP!!! Super confused. Here's the problem. Today while Don was ...
Math - Freshman math question, super confused! Today while Don was swimming, he ...
business - You have just started work for a small company, FitCo, that develops ...
Business - You have just started work for a small company, FitCo, that develops ...
Math - A swimming pool that is 100 feet in length by 10 feet deep and 40 feet ...
accounting - Cooper Construction Company had a contract starting April 2010, to ...
math - Sarah's parents are filling their swimming pool. She wants to know how ...

Members