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Gayne Corporation's contribution margin ratio is 17% and its fixed monthly expenses are $46,000. If the company's sales for a month are $303,000, what

Gayne Corporation's contribution margin ratio is 17% and its fixed monthly expenses are $46,000. If the company's sales for a month are $303,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change. Multiple Choice $257,000 $205,490 $5,510 $51,510

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