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Creswell Corporation's fixed monthly expenses are $23,500 and its contribution margin ratio is 64%. Assuming that the fixed monthly expenses do not change, what is

Creswell Corporation's fixed monthly expenses are $23,500 and its contribution margin ratio is 64%. 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 $79,000?

Multiple Choice

$55,500
$50,560
$27,060
$4,940

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