FIN Week 5 Discussion

The Best Writers Discussion Topic Due March 18 at 12:59 AMThere will be two discussion questions listed below. By the due date assigned respond to one of the discussion questions and submit your response to the Discussion Area. Use the lessons and vocabulary found in the reading. Support your answers with examples and research and cite your sources using APA format.Discussion Question 1:What is the difference between a contribution income statement and a traditional income statement? Under what circumstances would a firm use each? Justify your answer.Discussion Question 2:What is a company segment?Why would a firm want to divide itself into operating segments?Why would a firm want to measure profits by segment?How would common costs be allocated to each of a companys segments?Justify your answer.Start reviewing and responding to at least two of your classmates’ postings as early in the week as possible. Participate in the discussion by asking a question, providing a statement of clarification, providing a point of view with a rationale, challenging an aspect of the discussion, or indicating a relationship between one or more lines of reasoning in the discussion.