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The following information is from Bluff Run Golf Courses. The company runs three courses and the July income statement for each course is shown. BLUFF
The following information is from Bluff Run Golf Courses. The company runs three courses and the July income statement for each course is shown. BLUFF RUN GOLF COURSE Income Statement Month Ending July 31, 2018 Blue Course Black Course Gold Course Revenue. Greens fee revenue $62,500 $89,000 $42,800 Outing revenue 11,000 6,000 28,000 Total revenue 73,500 95,000 70,800 Expenses Landscaping $7,800 $14,200 $6,400 Wages 43,900 $56,300 32,600 Repair and maintenance 5,600 2,600 4,400 Fuel 3,100 3,000 1,980 Utilities 1,800 3,000 1,650 Total expenses $62,200 $79,100 $47,030 Operating Income $11,300 $15,900 $23,770. Identify a limitation of analyzing the information provided
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