Answer
Relative profitability is a ranking of products, customers, or other business segments for the purpose of making trade-offs among segments. This is necessary when a constraint exists.
Work Step by Step
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Managerial Accounting (15th Edition)
by Garrison, Ray; Noreen, Eric, Brewer, Peter
Published by
McGraw-Hill Education
ISBN 10:
007802563X
ISBN 13:
978-0-07802-563-1
Appendix B - Profitability Analysis - Questions - Page 735: B-2
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