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Creswell Corporation's fixed monthly expenses are $28,500 and its contribution margin ratio is 63%. Assuming that the fixed monthly expenses do not change, what is
Creswell Corporation's fixed monthly expenses are $28,500 and its contribution margin ratio is 63%. 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 $89,000?
Multiple Choice
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$4,430
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$27,570
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$60,500
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$56,070
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