Keep-or-Drop Decision Charlevoix Company produces three products: Torch, Elk, and Walloon. A segmented income statement follows: Assume that each of the three products has a different marketing campaign whose advertising would be eliminated if the associated product were dropped. Required: "15". 2. Conceptual Connection: Should Charlevoix keep or drop Walloon? expense to vary from year to year. Briefly explain the data analytic type represented by the CFO's study of advertising cost. [Refer to Exhibit 2.2] The empirical study of past advertising cost represents an example of a data analytic