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Gail Johnston Is the CFO of Lancet Technologies,a Manufacturer of Parts

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Gail Johnston is the CFO of Lancet Technologies,a manufacturer of parts and supplies for the cable TV industry.Gail has developed an analysis of the profitability of the firm's two main product lines,cable hardware,and cable supplies.Based on the analysis,she concludes that cable hardware is the most profitable of the firm's product lines.

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Required:(1)Explain why Gail may be wr...

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