Discussion Post
There will be two discussion questions listed below. By the due date assigned respond to one of the discussion questions and submit your response to the Discussion Area. Use the lessons and vocabulary found in the reading. Support your answers with examples and research and cite your sources using APA format.
Part I
What is the difference between a contribution income statement and a traditional income statement? Under what circumstances would a firm use each? Justify your answer.
Part II
i. What is a company segment?
ii. Why would a firm want to divide itself into operating segments?
iii. Why would a firm want to measure profits by segment?
iv. How would common costs be allocated to each of a company's segments?
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.