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You are a new junior accountant at Clearfocus Corporation, maker of lenses for eyeglasses. Your company sells generic-quality lenses for a moderate price. Your

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You are a new junior accountant at Clearfocus Corporation, maker of lenses for eyeglasses. Your company sells generic-quality lenses for a moderate price. Your boss, the controller, has given you the latest month's report for the lens trade association. This report includes information related to operations for your firm and your closest competitor for September 2020. The report also includes information related to the industry benchmark for lens manufacturers for each line item in the report. You are Firm A and your closest competitor is Firm B. (Click the icon to view the data.) Read the requirements.

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