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Gayne Corporation's contribution margin ratio is 18% and its fixed monthly expenses are $53,000. If the company's sales for a month are $317,000, what is

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Gayne Corporation's contribution margin ratio is 18% and its fixed monthly expenses are $53,000. If the company's sales for a month are $317,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change. $57,060 $264,000 $4,060 $206,940

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