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What is best estimate of the company net operating income

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Reference no: EM132746783

Question - Jilk Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $47,500. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $137,000?

a. $83,570

b. $5,930

c. $36,070

d. $89,500

Reference no: EM132746783

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