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A merchandising company:
Earns net income by buying and selling merchandise.
Receives fees only in exchange for services.
Earns profit from commissions only.
Earns profit from fares only.
Buys products from consumers.
You are the vice president of operations for a small manufacturing company that uses the absorptive method of accounting for fixed manufacturing overhead, and you are approaching the end of the year.
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What is the difference between what if analysis and goal seeking analysis?
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