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Ivanhoe Equipment sells equipment to sports enthusiasts. Doug Ivanhoe, the company's president, just received the following income statement reporting the results of the past year.

image text in transcribedimage text in transcribedimage text in transcribed Ivanhoe Equipment sells equipment to sports enthusiasts. Doug Ivanhoe, the company's president, just received the following income statement reporting the results of the past year. Doug is concerned that two of the company's divisions are showing a loss, and he wonders if the company should stop selling baseball and basketball gear to concentrate solely on soccer gear. Ivanhoe Equipment sells equipment to sports enthusiasts. Doug Ivanhoe, the company's president, just received the following income statement reporting the results of the past year. Doug is concerned that two of the company's divisions are showing a loss, and he wonders if the company should stop selling baseball and basketball gear to concentrate solely on soccer gear

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