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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: A. Find the missing value for outings revenue, wages, and operating income. BLUFF RUN GOLF COURSES Income Statement Month Ending July 31, 2018 Blue Course Black Course Gold Course Greens fees revenue $62,500 $89,000 $42,900 Outings revenue 6,000 28,000 Total revenue $73,400 $95,000 $70,900 Expenses: Landscaping $7,800 $14,200 $6,300 Wages 43,900 32,600 Repairs and maintenance 5,600 2,600 4,300 3,100 3,000 1,980 Utilities 1,800 3,000 1,650 Total expenses $62,200 $79,000 $46,830 Operating income $11,200 $16,000 Fuel B. Rank the courses in order of profitability, using dollars. C. Rank the courses in order of profitability, using percentages
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