=+E14-9 Profit center responsibility reporting Gbjs 3, 5 SPREADSHEET

/ Income from operations, Winter Sports Division,

$11,700 Worldwide Air, Inc., has two divisions organized as profit centers, the Passenger Division and the Cargo Division. The following divisional income statements were prepared:

WORLDWIDE AIR, INC.

Divisional Income Statements For the Year EndedJuly 31, 2008 Passenger Division_Cargo Division Revenues $600,000 $600,000 Operating expenses Income from operations before 300,000 250,000 service department charges