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Shedding Company Has Two Divisions with the Following Segment Margins

Question 22

Multiple Choice

Shedding Company has two divisions with the following segment margins for the current year: Northern, $400,000; Southern, $800,000. Common expenses of the company are $100,000. What is Shedding Company's net income?


A) $300,000
B) $350,000
C) $700,000
D) $1,100,000

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