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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 follows:
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: BLUFF RUN GOLF COURSES Income Statement Month Ending July 31, 2018 Blue Course Black Course Gold Course Revenues Greens fees revenue $62,500 $89,000 $42,700 Outings revenue 6,000 27,000 Total revenue $72,800 $95,000 $69,700 $14,200 Expenses Landscaping Wages Repairs and maintenance $7,800 43,900 5,600 3,100 1,800 $62,200 $6,300 32,600 4,400 1,980 1.650 $46,930 2,600 3,000 3,000 $78,800 Fuel Utilities Total expenses Operating income $16,200 $10,600 A. Calculate the operating income percentage for each of the courses. Round your percentages to one decimal place. Course Blue Course Black Previous Next
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