Corporations contribution margin ratio

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Maack Corporation's contribution margin ratio is 19% and its fixed monthly expenses are $54,000. If the company's sales for a month are $319,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change.

$204,390

$6,610

$265,000

$60,610

Reference no: EM13789402

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