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Jilk Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $51,500. Assuming that the fixed monthly expenses do not change, what is

Jilk Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $51,500. 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 $145,000?

Multiple Choice

$88,450
$36,950
$93,500
$5,050

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