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Take me to the text The following is Gamma Hotel's income statement for the year ended April 30, 2020. Gamma Hotes is a limited-service hotel
Take me to the text The following is Gamma Hotel's income statement for the year ended April 30, 2020. Gamma Hotes is a limited-service hotel with 18 rooms and no food and beverage operations. Maragement does not interif so sound a lot ot tinic ard. money on budgeting The manager has determined the 2021 budgeted income statement should simply reflect the folowing ptedited dunyes hom the 2020 income statement - Revenues will inctease by 1.5% Gamma Hotel is a limited service hotel with 18 rooms and no food and beverage operations. Management does not intend to spend a lot of time and moncy on budgeting. The manager has deternined the 2021 budgeted income statement should simply reflect the following preficied chanpes bam tie 2020 income statenient - Revenues wal increase by 15% - Marketing costs will decrease by 6\% - Management calaries will increase by 3% - Varlatio wages will temain cansistent as a percentage of revenue - Utitities will increase by 3% - Administrative costs and rent will remain the same Do. not enter dollar siptis or commas in the input boxes. Prepage the badgeted income statement for the year ending April 30, 2021 using the incremental budgeting approuch
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