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Bowe Corporation's fixed monthly expenses are $27,000 and its contribution margin ratio is 60%. Assuming that the fixed monthly expenses do not change, what is

Bowe Corporation's fixed monthly expenses are $27,000 and its contribution margin ratio is 60%. 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 $86,000?

$7,400
$51,600
$24,600
$59,000

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