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Kenton and Denton Universities offer executive training courses to corporate clients. Kenton pays its instructors $ 5 , 4 0 0 per course taught. Denton
Kenton and Denton Universities offer executive training courses to corporate clients. Kenton pays its instructors $ per course taught. Denton pays its instructors $ per student enrolled in the class. Both universities charge executives a $ tuition fee per course attended.
Required
a Prepare income statements for Kenton and Denton, assuming that students attend a course.
b Kenton University embarks on a strategy to entice students from Denton University by lowering its tuition to $ per course. Prepare an income statement for Kenton, assuming that the university is successful and enrolls students in its course.
c Denton University embarks on a strategy to entice students from Kenton University by lowering its tuition to $ per course. Prepare an income statement for Denton, assuming that the university is successful and enrolls students in its course.
e Prepare income statements for Kenton and Denton Universities, assuming that students attend a course, and assuming that both universities charge executives a $ tuition fee per course attended.
Complete this question by entering your answers in the tabs below.
Required
Required C
Required E
Prepare income statements for Kenton and Denton, assuming that students attend a course.
Note: Enter amounts to be deducted with a minus sign.
tableUniversityKenton,DentonTuition revenue,,Total cost of instruction,,Net income loss
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