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A. Calculate the operating income percentage for each of the courses. Round your percentages to one decimal place. Course Blue fill in the blank e98899ffcfd402e_1% Course Black fill in the blank e98899ffcfd402e_2% Course Gold fill in the blank e98899ffcfd402e_3%   Question Content Area 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   $42,900   Outings revenue fill in the blank 9d80840bb018fb2_1   6,000   27,000   Total revenue $74,200   $95,000   $69,900   Expenses             Landscaping $7,800 fill in the blank 9d80840bb018fb2_2% $14,200 fill in the blank 9d80840bb018fb2_3% $6,300 fill in the blank 9d80840bb018fb2_4% Wages 43,900 fill in the blank 9d80840bb018fb2_5% fill in the blank 9d80840bb018fb2_6 fill in the blank 9d80840bb018fb2_7% 32,500 fill in the blank 9d80840bb018fb2_8% Repairs and maintenance 5,600 fill in the blank 9d80840bb018fb2_9% 2,600 fill in the blank 9d80840bb018fb2_10% 4,500 fill in the blank 9d80840bb018fb2_11% Fuel 3,100 fill in the blank 9d80840bb018fb2_12% 3,000 fill in the blank 9d80840bb018fb2_13% 1,970 fill in the blank 9d80840bb018fb2_14% Utilities 1,800 fill in the blank 9d80840bb018fb2_15% 3,000 fill in the blank 9d80840bb018fb2_16% 1,600 fill in the blank 9d80840bb018fb2_17% Total expenses $62200   $78100   $46870   Operating income $12,000   $16,900   $fill in the blank 9d80840bb018fb2_18   Operating income % fill in the blank 9d80840bb018fb2_19%   fill in the blank 9d80840bb018fb2_20%   fill in the blank 9d80840bb018fb2_21%     Question Content Area 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?

A. Calculate the operating income percentage for each of the courses. Round your percentages to one decimal place. Course Blue fill in the blank e98899ffcfd402e_1% Course Black fill in the blank e98899ffcfd402e_2% Course Gold fill in the blank e98899ffcfd402e_3%   Question Content Area 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   $42,900   Outings revenue fill in the blank 9d80840bb018fb2_1   6,000   27,000   Total revenue $74,200   $95,000   $69,900   Expenses             Landscaping $7,800 fill in the blank 9d80840bb018fb2_2% $14,200 fill in the blank 9d80840bb018fb2_3% $6,300 fill in the blank 9d80840bb018fb2_4% Wages 43,900 fill in the blank 9d80840bb018fb2_5% fill in the blank 9d80840bb018fb2_6 fill in the blank 9d80840bb018fb2_7% 32,500 fill in the blank 9d80840bb018fb2_8% Repairs and maintenance 5,600 fill in the blank 9d80840bb018fb2_9% 2,600 fill in the blank 9d80840bb018fb2_10% 4,500 fill in the blank 9d80840bb018fb2_11% Fuel 3,100 fill in the blank 9d80840bb018fb2_12% 3,000 fill in the blank 9d80840bb018fb2_13% 1,970 fill in the blank 9d80840bb018fb2_14% Utilities 1,800 fill in the blank 9d80840bb018fb2_15% 3,000 fill in the blank 9d80840bb018fb2_16% 1,600 fill in the blank 9d80840bb018fb2_17% Total expenses $62200   $78100   $46870   Operating income $12,000   $16,900   $fill in the blank 9d80840bb018fb2_18   Operating income % fill in the blank 9d80840bb018fb2_19%   fill in the blank 9d80840bb018fb2_20%   fill in the blank 9d80840bb018fb2_21%     Question Content Area 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?

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter9: Responsibility Accounting And Decentralization
Section: Chapter Questions
Problem 3EA: The following information is from Bluff Run Golf Courses. The company runs three courses and the...
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  1. 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      $42,900     
    Outings revenue    ?   6,000   27,000  
    Total revenue $74,200   $95,000   $69,900  
                      
    Expenses                     
    Landscaping $7,800   $14,200   $6,300  
    Wages 43,900   ?   32,500  
    Repairs and maintenance 5,600   2,600   4,500  
    Fuel 3,100   3,000   1,970  
    Utilities 1,800   3,000   1,600  
    Total expenses $62,200   $78,100   $46,870  
                       
    Operating income $12,000   $16,900   ?  

    Question Content Area

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

    Course Blue fill in the blank e98899ffcfd402e_1%
    Course Black fill in the blank e98899ffcfd402e_2%
    Course Gold fill in the blank e98899ffcfd402e_3%
     

    Question Content Area

    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   $42,900  
    Outings revenue fill in the blank 9d80840bb018fb2_1   6,000   27,000  
    Total revenue $74,200   $95,000   $69,900  
    Expenses            
    Landscaping $7,800 fill in the blank 9d80840bb018fb2_2% $14,200 fill in the blank 9d80840bb018fb2_3% $6,300 fill in the blank 9d80840bb018fb2_4%
    Wages 43,900 fill in the blank 9d80840bb018fb2_5% fill in the blank 9d80840bb018fb2_6 fill in the blank 9d80840bb018fb2_7% 32,500 fill in the blank 9d80840bb018fb2_8%
    Repairs and maintenance 5,600 fill in the blank 9d80840bb018fb2_9% 2,600 fill in the blank 9d80840bb018fb2_10% 4,500 fill in the blank 9d80840bb018fb2_11%
    Fuel 3,100 fill in the blank 9d80840bb018fb2_12% 3,000 fill in the blank 9d80840bb018fb2_13% 1,970 fill in the blank 9d80840bb018fb2_14%
    Utilities 1,800 fill in the blank 9d80840bb018fb2_15% 3,000 fill in the blank 9d80840bb018fb2_16% 1,600 fill in the blank 9d80840bb018fb2_17%
    Total expenses $62200   $78100   $46870  
    Operating income $12,000   $16,900   $fill in the blank 9d80840bb018fb2_18  
    Operating income % fill in the blank 9d80840bb018fb2_19%   fill in the blank 9d80840bb018fb2_20%   fill in the blank 9d80840bb018fb2_21%  
     

    Question Content Area

    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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