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22. Maack Corporation's contribution margin ratio is 18% and its fixed monthly expenses are $53,500. If the company's sales for a month are $318,000, what
22.
Maack Corporation's contribution margin ratio is 18% and its fixed monthly expenses are $53,500. If the company's sales for a month are $318,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change. |
$207,260 | |
$3,740 | |
$264,500 | |
$57,240 Please show work, which is correct? |
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