{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-29T02:21:54-04:00", "answer_date": "2024-06-29 02:21:54", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4447672", "url": "\/study-help\/questions\/the-following-information-is-from-bluff-run-golf-courses-the-4447672", "question_creation_date_js": "2024-06-29T02:21:54-04:00", "question_creation_date": "Jun 29, 2024 02:21 AM", "meta_title": "[Solved] The following information is from Bluff R | SolutionInn", "meta_description": "Answer of - The following information is from Bluff Run Golf Courses. The company runs three courses and the July income statement | SolutionInn", "meta_keywords": "information,bluff,run,golf,courses,company,runs,three,july,income,statement,course", "question_title_h1": "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", "question_title": "The following information is from Bluff Run Golf Courses. The company runs", "question_title_for_js_snippet": "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 6,000 28,000 Total revenue 73,500 95,000 70,800 Expenses Landscaping $7,800 $14,200 $6,400 Wages 43,900 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 Required Find the missing value for outings revenue, wages, and operating income Comment on the financial performance of each course Identify a limitation of analyzing the information provided Work and Solution ", "question_description": "

The following information is from Bluff Run Golf Courses. The company runs three courses and the July income statement for each course is shown.<\/p>

<\/p>

BLUFF RUN GOLF COURSE<\/p>

Income Statement<\/p>

Month Ending July 31, 2018<\/p>

<\/p><\/td>

Blue Course<\/p><\/td>

Black Course<\/p><\/td>

Gold Course<\/p><\/td> <\/tr>

Revenue<\/strong><\/p><\/td>

<\/p><\/td>

<\/p><\/td>

<\/p><\/td> <\/tr>

Greens fee revenue<\/p><\/td>

$62,500<\/p><\/td>

$89,000<\/p><\/td>

$42,800<\/p><\/td> <\/tr>

Outing revenue<\/p><\/td>

?<\/p><\/td>

6,000<\/p><\/td>

28,000<\/p><\/td> <\/tr>

Total revenue<\/p><\/td>

73,500<\/p><\/td>

95,000<\/strong><\/p><\/td>

70,800<\/strong><\/p><\/td> <\/tr>

Expenses<\/strong><\/p><\/td>

<\/p><\/td>

<\/p><\/td>

<\/p><\/td> <\/tr>

Landscaping<\/p><\/td>

$7,800<\/p><\/td>

$14,200<\/p><\/td>

$6,400<\/p><\/td> <\/tr>

Wages<\/p><\/td>

43,900<\/p><\/td>

?<\/p><\/td>

32,600<\/p><\/td> <\/tr>

Repair and maintenance<\/p><\/td>

5,600<\/p><\/td>

2,600<\/p><\/td>

4,400<\/p><\/td> <\/tr>

Fuel<\/p><\/td>

3,100<\/p><\/td>

3,000<\/p><\/td>

1,980<\/p><\/td> <\/tr>

Utilities<\/p><\/td>

1,800<\/p><\/td>

3,000<\/p><\/td>

1,650<\/p><\/td> <\/tr>

Total expenses<\/p><\/td>

$62,200<\/p><\/td>

$79,100<\/p><\/td>

$47,030<\/p><\/td> <\/tr>

Operating Income<\/strong><\/p><\/td>

$11,300<\/p><\/td>

$15,900<\/p><\/td>

?<\/p><\/td> <\/tr> <\/tbody><\/table><\/figure>

<\/p>

Required<\/u><\/strong>:<\/p>

  1. Find the missing value for outings revenue, wages, and operating income.<\/li>
  2. Comment on the financial performance of each course.<\/li>
  3. Identify a limitation of analyzing the information provided.<\/li> <\/ol>

    <\/p>

    Work and Solution<\/u>:<\/strong><\/p>", "transcribed_text": "", "related_book": { "title": "Principles Of Finance", "isbn": "979-8439388899", "edition": "1st Edition", "authors": "Julie Dahlquist, Rainford Knight", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/6290aa2348f9a_11251.jpg", "uri": "\/textbooks\/principles-of-finance-1st-edition-9798439388899", "see_more_uri": "" }, "free_related_book": { "isbn": "0849303303", "uri": "\/textbooks\/intelligent-machines-myths-and-realities-1st-edition-9780849303302-9781482273939", "name": "Intelligent Machines Myths And Realities", "edition": "1st\u00a0Edition" }, "question_posted": "2024-06-29 02:21:54", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/insulated-cylinder-fitted-with-frictionless-piston", "description": "An insulated cylinder fitted with a frictionless piston contains saturated vapor R- 12 at ambient temperature, 20\uf0b0C. 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