chap8_case_community

chap8_case_community - 155 Staff (golf pr Annual Dues...

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2008 2009 2010 Income Members from previous year New Members Total Members Annual dues per member Annual income from dues Weekly rounds per member Green fee per round Annual income from green fees Expenses Golf course maintenance Staff (golf pro and assistant) Income before taxes ($3,500,000) Internal Rate of Return Assumptions and Initial conditions Increase Initial memberships 130 25 Golf cour Maximum number of memberships
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Unformatted text preview: 155 Staff (golf pr Annual Dues $15,000 5.0% Cost t Green fee per round $25 $1.00 Initial capi Rounds per week per member 3 First Hideaway Retirement and Golf Community 2011 2012 2013 Increase rse maintenance $1,000,000 5% ro and assistant) $150,000 5% to purchase club $2,500,000 ital improvement $1,000,000 t year of forecast 2005...
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This note was uploaded on 02/08/2011 for the course BIS 155 taught by Professor Frye during the Spring '10 term at DeVry Chicago.

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chap8_case_community - 155 Staff (golf pr Annual Dues...

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