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Divisional income statements and return on investment analysis are as follows: The management of E.F. Lynch Company is evaluating each division as a basis for
Divisional income statements and return on investment analysis are as follows: The management of E.F. Lynch Company is evaluating each division as a basis for planning a future expansion of operations. Required: 1. Prepare condensed divisional income statements for the thiee divisions, assuming that there were mo s upport department allocations. E.F. Lynch Company Divisional Income Statements For the Year Ended June 30,20Yg
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