The contribution margin income statement a. provides owners with cash flow information. b. is required for external

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The contribution margin income statement

a. provides owners with cash flow information.

b. is required for external reporting.

c. is useful to managers in decision making and planning.

d. arrives at operating income by subtracting operating expenses from gross profit.

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Managerial Accounting

ISBN: 12

2nd Edition

Authors: Karen Braun, Linda S Bamber

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