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 COURSESIncome StatementMonth 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$73,300 $95,000 $69,700 Expenses Landscaping$7,800 $14,200 $6,500 Wages43,900 ? 32,700 Repairs and maintenance5,600 2,600 4,300 Fuel3,100 3,000 1,990 Utilities1,800 3,000 1,600 Total expenses$62,200 $79,000 $47,090 Operating income$11,100 $16,000 ? A. Calculate the operating income percentage for each of the courses. Round your percentages to one decimal place.Course Bluefill in the blank e1586f01df93ffe_1%Course Blackfill in the blank e1586f01df93ffe_2%Course Goldfill in the blank e1586f01df93ffe_3%B.1. Perform a vertical analysis for each course. Round your percentages to one decimal place. Bluff Run Golf CoursesIncome StatementMonth Ending July 31, 2018 Course Blue Course Black Course Gold Revenues Greens fees revenue$62,500 $89,000 $42,700 Outings revenuefill in the blank 2f990f00f01505f_1 6,000 27,000 Total revenue$73,300 $95,000 $69,700 Expenses Landscaping$7,800fill in the blank 2f990f00f01505f_2%$14,200fill in the blank 2f990f00f01505f_3%$6,500fill in the blank 2f990f00f01505f_4%Wages43,900fill in the blank 2f990f00f01505f_5%fill in the blank 2f990f00f01505f_6fill in the blank 2f990f00f01505f_7%32,700fill in the blank 2f990f00f01505f_8%Repairs and maintenance5,600fill in the blank 2f990f00f01505f_9%2,600fill in the blank 2f990f00f01505f_10%4,300fill in the blank 2f990f00f01505f_11%Fuel3,100fill in the blank 2f990f00f01505f_12%3,000fill in the blank 2f990f00f01505f_13%1,990fill in the blank 2f990f00f01505f_14%Utilities1,800fill in the blank 2f990f00f01505f_15%3,000fill in the blank 2f990f00f01505f_16%1,600fill in the blank 2f990f00f01505f_17%Total expenses$62200 $79000 $47090 Operating income$11,100 $16,000 $fill in the blank 2f990f00f01505f_18 Operating income %fill in the blank 2f990f00f01505f_19% fill in the blank 2f990f00f01505f_20% fill in the blank 2f990f00f01505f_21% 2. Based on a vertical analysis of each course, which accounts would you want to investigate further? C. Which method of analysis (using a dollar value or percentage) is most relevant and/or useful? Why? PreviousNext 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 COURSESIncome StatementMonth Ending July 31, 2018Blue CourseBlack Course Gold CourseRevenuesGreens fees revenue$62,500$89,000$42,700Outings revenue?6,00027,000Total revenue$73,300$95,000$69,700ExpensesLandscaping$7,800$14,200$6,500Wages43,900?32,700Repairs and maintenance5,6002,6004,300Fuel3,1003,0001,990Utilities1,8003,0001,600Total expenses$62,200$79,000$47,090Operating income$11,100$16,000?A. Calculate the operating income percentage for each of the courses. Round your percentages to one decimal place.Course BlueCourse Black%Course Gold В.1. Perform a vertical analysis for each course. Round your percentages to one decimal place.Bluff Run Golf CoursesIncome StatementMonth Ending July 31, 2018Course BlueCourse BlackCourse GoldRevenuesGreens fees revenue$62,500$89,000$42,700Outings revenue6,00027,000Total revenue$73,300$95,000$69,700ExpensesLandscaping$7,800%$14,200$6,500%Wages43,900%32,700%Repairs and maintenance5,600%2,600%4,300Fuel3,100%3,000%1,990Utilities1,800%3,000%1,600%Total expenses$62200$79000$47090Operating income$11,100$16,000$Operating income %%%%2. Based on a vertical analysis of each course, which accounts would you want to investigate further?C. Which method of analysis (using a dollar value or percentage) is most relevant and/or useful? Why?

Bluff Run Golf Course Income Statement Month ending July 31,2018…

Answered: he following information is from Bluff…

FINANCIAL ACCOUNTING

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ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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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:

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	$73,300		$95,000	$69,700

Expenses
Landscaping	$7,800		$14,200	$6,500
Wages	43,900		?	32,700
Repairs and maintenance	5,600		2,600	4,300
Fuel	3,100		3,000	1,990
Utilities	1,800		3,000	1,600
Total expenses	$62,200		$79,000	$47,090

Operating income	$11,100		$16,000	?

A. Calculate the operating income percentage for each of the courses. Round your percentages to one decimal place.

Course Blue	fill in the blank e1586f01df93ffe_1%
Course Black	fill in the blank e1586f01df93ffe_2%
Course Gold	fill in the blank e1586f01df93ffe_3%

1. Perform a vertical analysis for each course. Round your percentages to one decimal place.


Bluff Run Golf Courses Income Statement
Month Ending July 31, 2018
	Course Blue		Course Black		Course Gold
Revenues
Greens fees revenue	$62,500		$89,000		$42,700
Outings revenue	fill in the blank 2f990f00f01505f_1		6,000		27,000
Total revenue	$73,300		$95,000		$69,700
Expenses
Landscaping	$7,800	fill in the blank 2f990f00f01505f_2%	$14,200	fill in the blank 2f990f00f01505f_3%	$6,500	fill in the blank 2f990f00f01505f_4%
Wages	43,900	fill in the blank 2f990f00f01505f_5%	fill in the blank 2f990f00f01505f_6	fill in the blank 2f990f00f01505f_7%	32,700	fill in the blank 2f990f00f01505f_8%
Repairs and maintenance	5,600	fill in the blank 2f990f00f01505f_9%	2,600	fill in the blank 2f990f00f01505f_10%	4,300	fill in the blank 2f990f00f01505f_11%
Fuel	3,100	fill in the blank 2f990f00f01505f_12%	3,000	fill in the blank 2f990f00f01505f_13%	1,990	fill in the blank 2f990f00f01505f_14%
Utilities	1,800	fill in the blank 2f990f00f01505f_15%	3,000	fill in the blank 2f990f00f01505f_16%	1,600	fill in the blank 2f990f00f01505f_17%
Total expenses	$62200		$79000		$47090
Operating income	$11,100		$16,000		$fill in the blank 2f990f00f01505f_18
Operating income %	fill in the blank 2f990f00f01505f_19%		fill in the blank 2f990f00f01505f_20%		fill in the blank 2f990f00f01505f_21%

2. Based on a vertical analysis of each course, which accounts would you want to investigate further?

C. Which method of analysis (using a dollar value or percentage) is most relevant and/or useful? Why?

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
$73,300
$95,000
$69,700
Expenses
Landscaping
$7,800
$14,200
$6,500
Wages
43,900
?
32,700
Repairs and maintenance
5,600
2,600
4,300
Fuel
3,100
3,000
1,990
Utilities
1,800
3,000
1,600
Total expenses
$62,200
$79,000
$47,090
Operating income
$11,100
$16,000
?
A. Calculate the operating income percentage for each of the courses. Round your percentages to one decimal place.
Course Blue
Course Black
%
Course Gold

В.
1. Perform a vertical analysis for each course. Round your percentages to one decimal place.
Bluff Run Golf Courses
Income Statement
Month Ending July 31, 2018
Course Blue
Course Black
Course Gold
Revenues
Greens fees revenue
$62,500
$89,000
$42,700
Outings revenue
6,000
27,000
Total revenue
$73,300
$95,000
$69,700
Expenses
Landscaping
$7,800
%
$14,200
$6,500
%
Wages
43,900
%
32,700
%
Repairs and maintenance
5,600
%
2,600
%
4,300
Fuel
3,100
%
3,000
%
1,990
Utilities
1,800
%
3,000
%
1,600
%
Total expenses
$62200
$79000
$47090
Operating income
$11,100
$16,000
$
Operating income %
%
%
%
2. Based on a vertical analysis of each course, which accounts would you want to investigate further?
C. Which method of analysis (using a dollar value or percentage) is most relevant and/or useful? Why?

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