Question: Add a table that shows a sample contribution formatted income statement with columns for Old Navy, Athleta and consolidate results that could provide management with
Add a table that shows a sample contribution formatted income statement with columns for Old Navy, Athleta and consolidate results that could provide management with more informative data. Assume the following: Old Nay has revenue of $7,840, a contribution margin of 35% and fixed costs of $1,000. Athleta has revenue of $1,124, contribution margin of 60% and fixed costs of $600. . Common costs total $1,200. Calculate $sales break-even for each segment and the consolidated organization. Show the formula you use for your calculations
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