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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 as
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: A. Find the missing value for outings revenue, wages, and operating income. Greens fees revenue Outings revenue Total revenue BLUFF RUN GOLF COURSES Income Statement Month Ending July 31, 2018 Blue Course $62,500 Black Course Gold Course $89,000 $42,800 6,000 27,000 $73,300 $95,000 $69,800 Expenses: Landscaping $7,800 $14,200 $6,300 Wages 43,900 32,700 Repairs and maintenance 5,600 2,600 4,300 Fuel 3,100 3,000 1,980 Utilities 1,800. 3,000 1,700 Total expenses $62,200 $78,800 $46,980 Operating income $11,100 $16,200 B. Rank the courses in order of profitability, using dollars. C. Rank the courses in order of profitability, using percentages.
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