Business, 14.04.2020 17:24 harmony000011
Jilk Inc.'s contribution margin ratio is 64% and its fixed monthly expenses are $44,500. 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 $131,000?
a. $83,570.
b. $5,930.
c. $36,070.
d. $89,500.
Answers: 1
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Jilk Inc.'s contribution margin ratio is 64% and its fixed monthly expenses are $44,500. Assuming th...
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