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Mathematics, 12.08.2020 07:01 Rocket8025

Jilk Inc.'s contribution margin ratio is 62% and its fixed monthly expenses are $45,000. 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 $132,000?

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Jilk Inc.'s contribution margin ratio is 62% and its fixed monthly expenses are $45,000. Assuming th...
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