BOOK The following information is from Bluff Run Golf Courses. The company runs three courses and the July income statement for each course is as follows: BLUFF RUN GOLF COURSES Income Statement Month Ending July 31, 2018 Blue Course Black Course Gold Course Revenues Greens fees revenue Outings revenue $62,500 > $89,000 6,000 $95,000 $42,700 28,000 $70,700 Total revenue $74,400 Expenses Landscaping $7,800 43,900 Wages Repairs and maintenance Fuel 5,600 3,100 1,800 $14,200 ? 2,600 3,000 3,000 $6,400 32,600 4,300 1,980 1,700 546,980 Utilities Total expenses $62,200 $79,400 Operating income $12,200 $15,600 A. Calculate the operating income percentage for each of the courses. Round your percentages to one decimal place. B. 1. Perform a vertical analysis for each course. Round your percentages to one decimal place. Bluff Run Golf Courses Income Statement Month Ending July 31, 2018 Course Black Course Gold Course Blue $62,500 $89,000 6,000 $42,700 28,000 $74,400 $95,000 $70,700 9 % % $14,200 $6,400 % ya % Revenues Greens fees revenue Outings revenue Total revenue Expenses Landscaping Wages Repairs and maintenance Fuel Utilities Total expenses Operating income Operating income % $7,800 43,900 5,600 3,100 1,800 % % % 32,600 4,300 1,980 1,700 % % % 2,600 3,000 3,000 $79400 $15,600 % % % $46980 $62200 $12,200 % % % 9% A. Calculate the operating income percentage for each of the courses. Round your percentages to one decimal place. Course Blue Course Black Course Gold 96 96 Feedback Check My Work