Estimate the change in the company net income

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Reference no: EM132582923

Last month, when Holiday Creations, Inc. sold 50,000 units, total sales were $200,000, total variable expenses were $120,000, and total fixed expenses were $65,000.

Question 1: What is the company's CM ratio?

Question 2: Estimate the change in the company's net income if it were to increase its total sales by $1,100.

Reference no: EM132582923

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