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Jan Shumard, president and general manager of Danbury Company, was concerned about the future of one of the company's largest divisions. The division's most recent

Jan Shumard, president and general manager of Danbury Company, was concerned about the future of one of the company's largest divisions. The division's most recent quarterly income statement follows:

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Sales $3,751,500 Less: Cost of goods sold 2,722,400 Gross profit $1,029,100 Less: Selling and administrative expenses 1,100,000 Operating (loss) (70,900

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