PA1. LO 9.3 Use the following information to answer the questions that follow. BLUFF RUN GOLF COURSES Income Statement Month Ending July 31, 2018 Course A $62,500 Greens fees revenue Outings revenue Total revenue Course B $89,000 6,000 $95,000 Course C $42,800 28,000 $70,800 $73,500 $14,200 Landscaping Wages Repairs and maintenance Fuel Utilities Total expenses $ 7,800 43,900 5,600 3,100 1,800 $62,200 2,600 3,000 3,000 $79,100 $ 6,400 32,600 4,400 1,980 1,650 $47,030 $11,300 $15,900 Operating income Operating income % A. Calculate the operating income percentage for each of the courses. Comment on how your analysis has changed for each course. B. Perform a vertical analysis for each course. Based on your analysis, what accounts would you want to investigate further? How might management utilize this information? C. Which method of analysis (using a dollar value or percentage) is most relevant and/or useful? Explain