=+On the basis of the following data, the general manager of Sole Mates Inc. decided to discontinue
Question:
=+On the basis of the following data, the general manager of Sole Mates Inc. decided to discontinue Children’s Shoes because it reduced income from operations by $28,000.
What is the flaw in this decision?
Sole Mates Inc.
Product-Line Income Statement For the Year Ended August 31, 2010 Children’s Shoes Men’s Shoes Women’s Shoes Total Sales $170,000 $300,000 $500,000 $970,000 ________ _________ _________ _________ Costs of goods sold:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: