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2 Creswell Corporation's fixed monthly expenses are $27,500 and its contribution margin ratio is 61%. Assuming that the fixed monthly expenses do not change,
2 Creswell Corporation's fixed monthly expenses are $27,500 and its contribution margin ratio is 61%. 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 $87,000? 11037 Multiple Choice $53,070 $6,430 $59,500 $25,570
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MIS Essentials
Authors: David M. Kroenke
4th edition
978-0133546590, 133546594, 978-0133807479
