Nauman Company has the following information pertaining to its two divisions for last year: 
Common expenses are $24,000 for the year.
What is the income for Nauman Company?
Definitions:
Prices Rise
A situation in which the cost of goods and services increases, affecting purchasing power.
Ceteris Paribus
A Latin phrase meaning "all other things being equal," used to isolate the effect of one variable in economic analysis.
Law Of Demand
An economic principle stating that as the price of a good increases, demand for that good decreases, and vice versa, all else being equal.
Prices Fall
A market condition where the cost of goods and services decreases over time.
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