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The Crunchy Granola Compary is a diversfied food compary that specialues in all natural foods....

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Accounting

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The Crunchy Granola Compary is a diversfied food compary that specialues in all natural foods. The company has three operating divisions organized as investinent cenless. Condensed data taken from the records of the three divisions for the year ended June 30,207, are as follows: The manavement of The Crunchy Granola Company is evaluating each divison as a buss for plaming a fiture expansion of operators Required: 1. Prepare condensed avsional income staternenta for one three divsons, assuming that there were no seorce denactnent anaryes If reguired, round yoie tinat answers fo ont decmar/ place parts (t) artd (rl). Divisional Income Statements For the Year Ended June 30, 20Y7 \begin{tabular}{ccc} \hline Cereal Division & Snack Cake & Retail Bakeries \\ \( \hdashline \) & Division & Division \end{tabular} 2 Sales 3. Cost of goods sold 4 Gross profit 5 Operating expenses 6. Income from operations decirmal placen

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