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A retail chain, Fashion Emporium, operates multiple stores. Prepare a segmented income statement for the month of June, considering the following requirements: Total Revenue: $500,000

 A retail chain, Fashion Emporium, operates multiple stores. Prepare a segmented income statement for the month of June, considering the following requirements:


    • Total Revenue: $500,000
    • Cost of Goods Sold: $250,000
    • Operating Expenses: $150,000
    • Allocate operating expenses among stores based on square footage
    • Stores: A, B, and C with square footage of 2,000, 3,000, and 2,500 respectively

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