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1. what is the financial advantage (disadvantage) per quarter of discontinuing the racing bikes? 2. should the production and sale of racing bikes be discontinued? 3. prepare a properly formatted segmented income statement that would be more useful to management in assessing the long-run profitability of the various product lines.

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jayilych4real

To find the financial advantage for a given item, you would have to know:

  • Lost contribution margin
  • Fixed costs that can be avoided, etc

What is Financial Advantage?

This refers to the benefit that is gotten for a thing that has economic value and can be leveraged.

Hence, we can see that a segmented income has to do with the provision of extra details such as the revenue and expenses breakdown to identify underperforming segments.

Read more about financial advantages here:
https://brainly.com/question/22248894

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