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You want to use break-even and target profit analysis with respect to the introduction of a new product in the marketplace. Your manager says you

You want to use break-even and target profit analysis with respect to the introduction of a new product in the marketplace. Your manager says you are wasting your time because the best determination of profitability is the income statement after the this product has been introduced. Explain why your manager is wrong. TYPE YOUR ANSWER! NO PLAGIARISM PLEASE :))))

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