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Differences between Contribution and Traditional Income Statements; Company Segments
Differences between Contribution and Traditional Income Statements; Company Segments
What is the difference between a contribution income statement and a traditional income statement? Under what circumstances would a firm use each?
What is a company segment? Why would a firm want to divide itself into operating segments? Why would a firm want to measure profits by segment? How would common costs be allocated to each of a company’s segments?
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