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Maack Corporation's contribution margin ratio is 17% and its fixed monthly expenses are $50,000. If the company's sales for a month are $311,000, what is
Maack Corporation's contribution margin ratio is 17% and its fixed monthly expenses are $50,000. If the company's sales for a month are $311,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change.
$208,130
$2,870
$261,000
$52,870
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