Philadelphia Swim Club Is Planning for the Coming Year

Philadelphia Swim Club is planning for the coming year.Investors would like to earn a 10% return on the company's $30 million of assets.The company primarily incurs fixed costs to maintain the swimming pools.Fixed costs are projected to be $12,500,000 for the year.About 500,000 members are expected to swim each year.Variable costs are about $10 per swimmer.Philadelphia Swim Club is a price-taker and won't be able to charge more than its competitors who charge $37.00 per hour of court time.What profit will it earn as a percent of assets?

A) Profit of 3.33%
B) Loss of 3.33%
C) Loss of 58.17%
D) Profit of 36.67%