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Question 2 (15 marks) a. Compare and contrast the advantages and disadvantages of a partnership business structure with a company business structure. b. The net income of a company is the result of many factors. Sometimes managers want to measure the performance of one part of the organization separate from the effects of other parts. How might a company evaluate the success of its sales efforts using a classified income statement? Assume that the sales department is responsible for pricing and, thus, influences both the total amount sold and the margin on the items sold