16. A condensed income statement for the past year is as follows: Management is considering...
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16. A condensed income statement for the past year is as follows: Management is considering discontinuing a product line at the beginning of the upcoming year. The discontinuance would have no effect on the total fixed costs and expenses or other sales of products. Should a product line be discontinued? If so, what is the anticipated amount of change in net income for the upcoming year if a product line is discontinued? If not, explain. Show mathematical support of your response through a differential analysis. 5 POINTS
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