The Best Writers: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 company’s 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 arelationship between one or more lines of reasoning in the discussion.
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