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EQuestion Help Nolan Dry Cleaners has determined the following about its costs: Total variable expenses are $38,00, total fixed expenses are $36,000, and the sales

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EQuestion Help Nolan Dry Cleaners has determined the following about its costs: Total variable expenses are $38,00, total fixed expenses are $36,000, and the sales revenue needed to break even is S45,000. Determine the company's current 1) sales revenue and 2) operating income. (Hint: First, find the contribution margin ratio, then prepare the contribution margin income statement.) Use the contribution margin income statement and the shortcut contribution margin approaches to determine Nolan's current (1) sales revenue and (2 income. Begin by computing the contribution margin ratio. (Enter the result as a whole number.) The contribution margin ratio is % Enter any number in the edit fields and then click Cheok Answer. Clear All Check Answer remaining

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