Question: Use the information that you calculated in Assignment #2 for this assignment. A. Calculate the operating income percentage for each of the courses. B. How
Use the information that you calculated in Assignment #2 for this assignment.
A. Calculate the operating income percentage for each of the courses.
B. How your analysis has changed for each course?
| Tactical Paint | |||
| Income Statement | |||
| Month Ending February 28, 2022 | |||
| Revenues | Green | Orange | Purple |
| Greens fees revenue | $ 62,500 | $ 89,000 | $ 42,800 |
| Outings Revenue | $ 6,000 | $ 28,000 | |
| Total Revenue | $ 73,500 | $ 95,000 | $ 70,800 |
| Expenses | |||
| Landscaping | $ 7,800 | $ 14,200 | $ 6,400 |
| Wages | $ 43,900 | $ 32,600 | |
| Repairs and Maintenance | $ 5,600 | $ 2,600 | $ 4,400 |
| Fuel | $ 3,100 | $ 3,000 | $ 1,980 |
| Utilities | $ 1,800 | $ 3,000 | $ 1,650 |
| Total Expenses | $ 62,200 | $ 79,100 | $ 47,030 |
| Operating Income | $ 11,300 | $ 15,900 | |
| Operating Income % |
C. Perform a vertical analysis for each course.
| Tactical Paint | ||||||
| Income Statement | ||||||
| Month Ending February 28, 2022 | ||||||
| Revenues | Green | Orange | Purple | |||
| Greens fees revenue | $ 62,500 | $ 89,000 | $ 42,800 | |||
| Outings Revenue | $ 6,000 | $ 28,000 | ||||
| Total Revenue | $ 73,500 | $ 95,000 | $ 70,800 | |||
| Expenses | ||||||
| Landscaping | $ 7,800 | $ 14,200 | $ 6,400 | |||
| Wages | $ 43,900 | $ 32,600 | ||||
| Rapairs and Maintenance | $ 5,600 | $ 2,600 | $ 4,400 | |||
| Fuel | $ 3,100 | $ 3,000 | $ 1,980 | |||
| Utilities | $ 1,800 | $ 3,000 | $ 1,650 | |||
| Total Expenses | $ 62,200 | $ 79,100 | $ 47,030 | |||
| Operating Income | $ 11,300 | $ 15,900 | ||||
| Operating Income % |
D. Which method of analysis (using dollar value or percentage) is most relevant and/or useful?
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