accounting homework question #5

The Tree Doctors provide tree spraying services in the companys home county.  Ivan Roof, the owner, incurred the following operating cost for the month of August 2012.

The tree doctors earned $22,000.00 in revenues for the month of August by spraying trees totaling 25,000 feet in height..

operating cost

Prepare an income statement for the month of


Compute the ratio of total operating expense to total revenue and operating income to total revenue. (Round the ratios to the nearest whole number.)

 Save Accounting Table…  +  Copy to Clipboard…  +

The Tree Doctors

Income Statement

Month Ended August 31, 2012