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please help asap 3. The most recent monthly income statement for Grant Stores is given below: Due to its poor showing, consideration is being given
please help asap
3. The most recent monthly income statement for Grant Stores is given below: Due to its poor showing, consideration is being given to closing Store B. Sfudies show that if Store B is closed, one-fourth of its traceable fixed expenses will continue unchanged. The studies also show that closing Store B would result in a 25 percent increase in sales in Store A. The company allocates common fixed expenses to the stores on the basis of sales dollars. Compute the overall increase or decrease in the company's operating income if Store B is closed. Show your wotk! (14 PTS) 3. The most recent monthly income statement for Grant Stores is given below: Due to its poor showing, consideration is being given to closing Store B. Sfudies show that if Store B is closed, one-fourth of its traceable fixed expenses will continue unchanged. The studies also show that closing Store B would result in a 25 percent increase in sales in Store A. The company allocates common fixed expenses to the stores on the basis of sales dollars. Compute the overall increase or decrease in the company's operating income if Store B is closed. Show your wotk! (14 PTS) Step by Step Solution
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