Best estimate of the companys net operating income

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Reference no: EM13906069

Maack Corporation's contribution margin ratio is 17% and its fixed monthly expenses are $50,000. If the company's sales for a month are $311,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change.

$208,130

$2,870

$261,000

$52,870

Reference no: EM13906069

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