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Business, 05.11.2019 01:31 hdamelis30

Liberty bicycles makes three models of bike: the freedom, the independence, and the patriot. condensed income statement data related to the three models are as follows: if liberty stops making the patriot, only $70,000 of the fixed costs associated with this model would be eliminated. given these data, what would happen if liberty stops manufacturing the patriot? (a) its yearly net income will increase by $35,000.(b) its yearly net income will decrease by $65,000(c) its yearly net income will decrease by $30,000.(d) its yearly net income will increase by $70,000.

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Liberty bicycles makes three models of bike: the freedom, the independence, and the patriot. conden...
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