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The following income statements illustrate different cost structures for two competing companies: Required a. Reconstruct Fanning's income statement, assuming that it serves 178 customers when
The following income statements illustrate different cost structures for two competing companies: Required a. Reconstruct Fanning's income statement, assuming that it serves 178 customers when it lures 89 customers away from Campbell by lowering the sales price to $120 per customer. b. Reconstruct Campbell's income statement, assuming that it serves 178 customers when it lures 89 customers away from Fanning by lowering the sales price to $120 per customer. Reconstruct Fanning's income statement, assuming that it serves 178 customers when it lures 89 customers away from Campbell by lowering the sales price to $120 per customer. Reconstruct Campbell's income statement, assuming that it serves 178 customers when it lures 89 customers away from Fanning by lowering the sales price to $120 per customer
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