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The following income statements illustrate different cost structures for two competing companies: Number of customers (a) Sales revenue (a x $230) Variable cost (ax

The following income statements illustrate different cost structures for two competing companies Income Statements Company Na


Complete this question by entering your answers in the tabs below. Required A Required B Reconstruct Stuarts income statemen 

The following income statements illustrate different cost structures for two competing companies: Number of customers (a) Sales revenue (a x $230) Variable cost (ax $180) Variable cost (a x $0) Contribution margin Fixed cost Net income Required Income Statements Required A Required B Company Name Thornton 89 $ 20,479 N/A 0 a. Reconstruct Thornton's income statement, assuming that it serves 178 customers when it lures 89 customers away from Stuart by lowering the sales price to $130 per customer. b. Reconstruct Stuart's income statement, assuming that it serves 178 customers when it lures 89 customers away from Thornton by lowering the sales price to $130 per customer. THORNTON COMPANY Income Statement Sales revenue Stuart 89 $ 20,470 (16,020) N/A 4,450 0 Complete this question by entering your answers in the tabs below. 20,470 (16,020) $ 4,450 $ 4,450 Reconstruct Thornton's income statement, assuming that it serves 178 customers when it lures 89 customers away from Stuart by lowering the sales price to $130 per customer. Complete this question by entering your answers in the tabs below. Required A Required B Reconstruct Stuart's income statement, assuming that it serves 178 customers when it lures 89 customers away from Thornton by lowering the sales price to $130 per customer. STUART COMPANY Income Statement Sales revenue

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