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Lisa's Library evaluates the profitability of three segments: books, cafe, and events. The financials are:SegmentRevenueDirect CostsBooks$600,000$360,000Cafe$200,000$120,000Events$80,000$50,000Lisa...

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Accounting

Lisa's Library evaluates the profitability of three segments: books, cafe, and events. The financials are:

Segment

Revenue

Direct Costs

Books

$600,000

$360,000

Cafe

$200,000

$120,000

Events

$80,000

$50,000

Lisa is considering converting the events area into an expanded books area.

Required: a. Calculate the necessary increase in the books segment margin to maintain Lisa’s Library’s current income. b. Identify other considerations Lisa should evaluate before deciding to eliminate the events area to expand books.

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