Philadelphia Swim Club is planning for the coming year

Philadelphia Swim Club is planning for the coming year. Investors would to earn a 10% return on the company's $ 38,000,000 of assets. The company primarily incurs fixed costs to maintain the swimming poolsFixed costs are projected to be $12,800,000 for the year. About 550,000 members are expected to swim each year Variable costs are about 11 per swimmer. Philadelphia Swim Club is a price-taker and won't be able to charge more than its competitors who charge for a membership. What profit will it eam in terms of dollars?

Philadelphia Swim Club is planning for the coming year. Investors would to earn a 10% return on the company's $ 38,000,000 of assets. The company primarily incurs fixed costs to maintain the swimming poolsFixed costs are projected to be \$12,800,000 for the year. About 550,000 members are expected to swim each year Variable costs are about 11 per swimmer. Philadelphia Swim Club is a price-taker and won't be able to charge more than its competitors who charge for a membership. What profit will it eam in terms of dollars?a.$7.12 b.$35.62 c$28.50 d.$42.73