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Campbell Company operates three segments. Income statements for the segments imply that profitability could be improved if Segment A were eliminated. ELL COMPANY Income Statements

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Campbell Company operates three segments. Income statements for the segments imply that profitability could be improved if Segment A were eliminated. ELL COMPANY Income Statements for the Year 2018 Segment Sales A B $ 165,000 (123,000) (21,000) 21,000 (40,000) (3,000) $ (22,000) $248,000 (91,000) (29,000) 128,000 (42,000) (13,000) $261,000 (76,000) (24,000) 161,000 (29,000) Cost of goods sold Sales commissions Contribution margin General fixed operating expenses (allocation of president's salary) Advertising expense (specific to individual divisions) 0 $ 73,000 $132,000 Net income Complete this question by entering your answers in the tabs below. ook ences Required B Required A Prepare comparative income statements for the company as a whole under two alternatives: (1) the retention of Segment A and (2) the elimination of Segment A. CAMPBELL COMPANY Comparative Income Statements for the Year 2018 Eliminate Seg. A Keep Seg. A Decision Sales Cost of goods sold Sales commissions Contribution margin General fixed operating expenses Advertising expense Net Income KRequired A Required

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