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Question 5: Question 6: 5 TB MC Qu. 5-62 Gayne Corporation's contribution margin ratio is. Gayne Corporation's contribution margin ratio is 17% and its fixed

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5 TB MC Qu. 5-62 Gayne Corporation's contribution margin ratio is. Gayne Corporation's contribution margin ratio is 17% and its fixed monthly expenses are $45,000. If the company's sales for a month are $301,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change. 10 points Multiple Choice References $6,170 $51,170 $256,000 $204,830

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