15. Walmart operates through three divisions: Grocery, Apparel, and Electronics. The financial data for the year is as follows:
    • Grocery: Revenue - $500,000,000, Variable Costs - $300,000,000, Fixed Costs - $100,000,000
    • Apparel: Revenue - $200,000,000, Variable Costs - $120,000,000, Fixed Costs - $70,000,000
    • Electronics: Revenue - $300,000,000, Variable Costs - $180,000,000, Fixed Costs - $90,000,000 Requirements:
    • Construct the Income Statement for each division.
    • Determine the Contribution Margin Ratio for each division.
    • Calculate the Break-Even Point in dollars for each division.
    • Evaluate the profitability and suggest cost reduction strategies.